Utah Healthcare Institute Inc

Analysis

Utah Healthcare Institute Inc is a registered charity in United States, based in SLC, UT. It received its IRS tax-exemption ruling in July 1999, 27 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Utah Healthcare Institute Inc reported income of $6.4m and spending of $6.6m, spending 104% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $5.3m to $6.4m (+21%), an average of +5.0% a year. The sharpest change came in the year to June 2021, when income rose by 23%. Over the whole period it spent 98% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Utah Healthcare Institute Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 93rd percentile within UT. Charities of a similar size with the same main cause include School-To-School International ($6.4m), Wayne State Foundation ($6.4m) and Alma Del Mar Foundation Inc ($6.4m).

On its Form 990 for the period ending June 2024, revenue came from program service revenue 100% of the total. Other salaries and wages came to $3.9m. At year end it held assets of $1.2m against liabilities of $167k, net assets of $1.0m. It reported 67 employees.