Ute Conference Incorporated

Analysis

Ute Conference Incorporated is a registered charity in United States, based in S Salt Lake, UT. It received its IRS tax-exemption ruling in December 1966, 60 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Ute Conference Incorporated reported income of $4.6m and spending of $5.1m, spending 111% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.4m to $4.6m (+94%), an average of +18% a year. The sharpest change came in the year to December 2021, when income rose by 39%. Over the whole period it spent 105% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Ute Conference Incorporated sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 91st percentile within UT. Charities of a similar size with the same main cause include Thomas Jefferson School ($4.6m), City Mission of the Evangelical Churches of Erie Pa ($4.6m) and Ricardo Flores Magon Academyincorporated ($4.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.8% and program service revenue 92% of the total. Other salaries and wages came to $794k. At year end it held assets of $1.3m against liabilities of $76k, net assets of $1.3m.