Governors Mansion Foundation Inc

Analysis

Governors Mansion Foundation Inc is a registered charity in United States, based in Salt Lake Cty, UT. It received its IRS tax-exemption ruling in October 1985, 41 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, Governors Mansion Foundation Inc reported income of $132k and spending of $90k, leaving 32% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $96k to $132k (+37%), an average of +37% a year. The sharpest change came in the year to December 2023, when income rose by 37%. Over the whole period it spent 94% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Governors Mansion Foundation Inc sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 42nd percentile within UT. Charities of a similar size with the same main cause include South Brunswick Citizens for Independent Living Inc ($132k), Birthright Inc of Saratoga County ($132k) and The Center for Jubilee Practice Inc ($132k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $472k against liabilities of $0, net assets of $472k.