Southeastern Utah Business and Technical Assistance Center Inc

Analysis

Southeastern Utah Business and Technical Assistance Center Inc is a registered charity in United States, based in Price, UT. It received its IRS tax-exemption ruling in May 1996, 30 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Southeastern Utah Business and Technical Assistance Center Inc reported income of $109k and spending of $110k, spending 101% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $66k to $109k (+66%), an average of +66% a year. The sharpest change came in the year to December 2023, when income rose by 66%. Over the whole period it spent 106% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Southeastern Utah Business and Technical Assistance Center Inc sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 37th percentile within UT. Charities of a similar size with the same main cause include Lark Street Area District Management Association Inc ($109k), South Side Community Organization of Tracy California ($109k) and Junior League of Cedar Rapids Inc ($109k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 41% and program service revenue 50% of the total. At year end it held assets of $244k against liabilities of $0, net assets of $244k.