The Family Place Utah

Analysis

The Family Place Utah is a registered charity in United States, based in Logan, UT. It received its IRS tax-exemption ruling in March 1984, 42 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, The Family Place Utah reported income of $4.6m and spending of $4.0m, spending 87% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $3.0m to $4.6m (+54%), an average of +11% a year. The sharpest change came in the year to June 2021, when income rose by 21%. Over the whole period it spent 87% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Family Place Utah 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 Adelphi Academy ($4.6m), Young Americans for Liberty Foundation ($4.6m) and Arizona Historical Society ($4.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 85% and program service revenue 6.4% of the total. Compensation of current officers, directors and key employees was $86k (2.2% of expenses). Other salaries and wages came to $2.6m. At year end it held assets of $7.8m against liabilities of $213k, net assets of $7.6m. It reported 156 employees.