Utah Cpa Foundation-A Nonprofit Corporation

Analysis

Utah Cpa Foundation-A Nonprofit Corporation is a registered charity in United States, based in Salt Lake Cty, UT. It received its IRS tax-exemption ruling in January 2001, 25 years ago. Its declared purposes cover education, which this site groups under education and training. 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 December 2023, Utah Cpa Foundation-A Nonprofit Corporation reported income of $57k and spending of $8,569, leaving 85% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $76k to $57k (-25%), an average of -25% a year. The sharpest change came in the year to December 2023, when income dropped by 25%. Over the whole period it spent 14% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Utah Cpa Foundation-A Nonprofit Corporation sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 21st percentile within UT. Charities of a similar size with the same main cause include Union Chapel Christian Academy Foundation ($57k), Operation Respect Inc ($57k) and Associates of Lubbock Christian University ($57k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 50% of the total. At year end it held assets of $176k against liabilities of $9,000, net assets of $167k.