Childrens Service Society of Utah

Analysis

Childrens Service Society of Utah is a registered charity in United States, based in Salt Lake Cty, UT. It received its IRS tax-exemption ruling in June 1945, 81 years ago. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Childrens Service Society of Utah reported income of $3.8m and spending of $3.9m, spending 102% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.5m to $3.8m (+49%), an average of +11% a year. The sharpest change came in the year to June 2021, when income rose by 20%. Over the whole period it spent 101% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Childrens Service Society of Utah sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 89th percentile within UT. Charities of a similar size with the same main cause include Adoptions From the Heart Inc ($3.8m), Inter-Faith Council for Social Service ($3.8m) and Kentucky Bar Foundation in ($3.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 95% and program service revenue 4.0% of the total. Compensation of current officers, directors and key employees was $246k (6.4% of expenses). Other salaries and wages came to $1.9m. At year end it held assets of $2.5m against liabilities of $1.2m, net assets of $1.3m. It reported 65 employees.