Salt Lake Community Action Program

Analysis

Salt Lake Community Action Program is a registered charity in United States, based in Salt Lake Cty, UT. It received its IRS tax-exemption ruling in June 1966, 60 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, Salt Lake Community Action Program reported income of $49.1m and spending of $48.3m, spending 98% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $32.6m to $49.1m (+51%), an average of +11% a year. The sharpest change came in the year to June 2021, when income rose by 56%. Over the whole period it spent 95% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Salt Lake Community Action Program sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within UT. Charities of a similar size with the same main cause include Saint Therese Communities ($49.1m), Gracelight Community Health ($49.1m) and Julia Dyckman Andrus Memorial Inc ($49.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 97% and program service revenue 2.8% of the total. Compensation of current officers, directors and key employees was $1.7m (3.5% of expenses). Other salaries and wages came to $25.3m. At year end it held assets of $39.2m against liabilities of $14.7m, net assets of $24.4m. It reported 866 employees.