Dyslexia Center of Utah-New Heights Inc

Analysis

Dyslexia Center of Utah-New Heights Inc is a registered charity in United States, based in American Fork, UT. It received its IRS tax-exemption ruling in September 2000, 26 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 May 2024, Dyslexia Center of Utah-New Heights Inc reported income of $964k and spending of $926k, spending 96% of its income. Across the 5 years on record, from May 2020 to May 2024, income grew from $647k to $964k (+49%), an average of +10% a year. The sharpest change came in the year to May 2021, when income rose by 50%. Over the whole period it spent 88% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Dyslexia Center of Utah-New Heights Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 77th percentile within UT. Charities of a similar size with the same main cause include Wonderland Wizards Youth Hockey Association Inc ($964k), Driscoll Extended Day Program Inc ($964k) and Doral Academy of Northern Nevada Foundation ($964k).

On its Form 990 for the period ending May 2024, revenue came from contributions and grants 6.1% and program service revenue 90% of the total. Compensation of current officers, directors and key employees was $121k (13% of expenses). Other salaries and wages came to $499k. At year end it held assets of $984k against liabilities of $40k, net assets of $943k. It reported 33 employees.