Union Station Foundation

Analysis

Union Station Foundation is a registered charity in United States, based in Ogden, UT. It received its IRS tax-exemption ruling in March 1986, 40 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 December 2023, Union Station Foundation reported income of $111k and spending of $80k, leaving 28% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $323k to $111k (-66%), an average of -24% a year. The sharpest change came in the year to December 2020, when income dropped by 59%. Over the whole period it spent 142% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Union Station Foundation sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 38th percentile within UT. Charities of a similar size with the same main cause include The Council on Aging of Etowah County Alabama Inc ($111k), Georgia Salzburger Society ($111k) and South Peninsula Hospital Foundation Inc ($111k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 93% of the total. At year end it held assets of $478k against liabilities of $0, net assets of $478k.