Utah Sports Commission Foundation

Analysis

Utah Sports Commission Foundation is a registered charity in United States, based in Salt Lake Cty, UT. It received its IRS tax-exemption ruling in October 2000, 26 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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 September 2023, Utah Sports Commission Foundation reported income of $1.2m and spending of $3.4m, spending 269% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income fell from $9.1m to $1.2m (-86%), an average of -39% a year. The sharpest change came in the year to September 2021, when income rose by 295%. Over the whole period it spent 83% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Utah Sports Commission Foundation sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 80th percentile within UT. Charities of a similar size with the same main cause include Birch Rock Camp ($1.2m), East Bay Eclipse Soccer Club ($1.2m) and Chastain Park Conservancy ($1.2m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 62% and program service revenue 26% of the total. Compensation of current officers, directors and key employees was $344k (10% of expenses). Other salaries and wages came to $285k. At year end it held assets of $15.6m against liabilities of $1.9m, net assets of $13.6m. It reported 19 employees.