Alta Club Building Foundation Inc

Analysis

Alta Club Building Foundation Inc is a registered charity in United States, based in Salt Lake Cty, UT. It received its IRS tax-exemption ruling in June 2000, 26 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Alta Club Building Foundation Inc reported income of $106k and spending of $84k, leaving 21% of income unspent that year. Across the 4 years on record, from December 2019 to December 2023, income grew from $27k to $106k (+299%), an average of +59% a year. The sharpest change came in the year to December 2022, when income rose by 686%. Over the whole period it spent 110% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Alta Club Building Foundation Inc sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 36th percentile within UT. Charities of a similar size with the same main cause include North Coast Cultural Association Inc ($106k), Maritime Heritage Alliance ($106k) and Friends of Mary Riepma Ross Media Arts Center Inc ($106k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $110k against liabilities of $0, net assets of $110k.