Utah Pride Center

Analysis

Utah Pride Center is a registered charity in United States, based in Salt Lake Cty, UT. It received its IRS tax-exemption ruling in January 1995, 31 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 September 2023, Utah Pride Center reported income of $3.1m and spending of $4.4m, spending 141% of what it took in. Across the 4 years on record, from September 2019 to September 2023, income grew from $2.1m to $3.1m (+45%), an average of +13% a year. The sharpest change came in the year to September 2022, when income rose by 167%. Over the whole period it spent 116% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Utah Pride Center sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 88th percentile within UT. Charities of a similar size with the same main cause include Julian Center Inc ($3.1m), Early Learning and Development Center ($3.1m) and Kishwaukee Family Young Mens Christian Association Inc ($3.1m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 54% and program service revenue 46% of the total. Compensation of current officers, directors and key employees was $435k (9.9% of expenses). Other salaries and wages came to $773k. It paid $15k in professional fundraising fees. At year end it held assets of $1.7m against liabilities of $959k, net assets of $694k. It reported 45 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.