Friends of Great Salt Lake

Analysis

Friends of Great Salt Lake is a registered charity in United States, based in Salt Lake Cty, UT. It received its IRS tax-exemption ruling in March 1995, 31 years ago. Its declared purposes cover environment, which this site groups under environment and conservation. 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, Friends of Great Salt Lake reported income of $441k and spending of $273k, leaving 38% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income grew from $402k to $441k (+9.7%), an average of +3.1% a year. The sharpest change came in the year to June 2022, when income rose by 29%. Over the whole period it spent 65% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Friends of Great Salt Lake sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 66th percentile within UT. Charities of a similar size with the same main cause include Michigan Turfgrass Foundation C/O Dept of Crop & Soil Science ($441k), Lake Heritage Parks Foundation Inc ($442k) and Building Material Thrift Store ($441k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 97% and program service revenue 3.0% of the total. Compensation of current officers, directors and key employees was $95k (35% of expenses). Other salaries and wages came to $14k. At year end it held assets of $824k against liabilities of $6,137, net assets of $818k. It reported 4 employees.