Utah Library Association

Analysis

Utah Library Association is a registered charity in United States, based in Orem, UT. It received its IRS tax-exemption ruling in February 1986, 40 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Utah Library Association reported income of $190k and spending of $173k, spending 91% of its income. Across the 3 years on record, from June 2022 to June 2024, income grew from $140k to $190k (+35%), an average of +16% a year. The sharpest change came in the year to June 2024, when income rose by 31%. Over the whole period it spent 97% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Utah Library Association sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 51st percentile within UT. Charities of a similar size with the same main cause include Schoenstatt Movement of Florida Inc ($190k), Cloverdale Cooperative Nursery School ($190k) and Capital City Coalition NFP Inc ($190k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 7.8% and program service revenue 80% of the total. At year end it held assets of $96k against liabilities of $0, net assets of $96k.