Huntsman Community Shelter

Analysis

Huntsman Community Shelter is a registered charity in United States, based in Salt Lake Cty, UT. It received its IRS tax-exemption ruling in November 1995, 31 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending March 2023, Huntsman Community Shelter reported income of $1.3m and spending of $672k, leaving 49% of income unspent that year. Across the 4 years on record, from March 2020 to March 2023, income fell from $1.5m to $1.3m (-12%), an average of -4.3% a year. The sharpest change came in the year to March 2023, when income dropped by 23%. Over the whole period it spent 56% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Huntsman Community Shelter sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 81st percentile within UT. Charities of a similar size with the same main cause include Homeless Sheltyer Action Committee Inc ($1.3m), Ohio Network for Innovation ($1.3m) and Tuskegee Alumni Housing Foundation Inc ($1.3m).

On its Form 990 for the period ending March 2023, revenue came from contributions and grants 76% of the total. At year end it held assets of $13.7m against liabilities of $9,506, net assets of $13.7m.