Scottish Rite Foundation of Utah

Analysis

Scottish Rite Foundation of Utah is a registered charity in United States, based in Salt Lake City, UT. It received its IRS tax-exemption ruling in February 1992, 34 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Scottish Rite Foundation of Utah reported income of $185k and spending of $227k, spending 123% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $311k to $185k (-41%), an average of -12% a year. The sharpest change came in the year to December 2023, when income dropped by 25%. Over the whole period it spent 94% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Scottish Rite Foundation of Utah sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 50th percentile within UT. Charities of a similar size with the same main cause include Ladders for Leaders ($185k), Power of Peace Initiative Inc ($185k) and Christmas for Breakfast ($185k).

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 $108k against liabilities of $21k, net assets of $87k.