Wasatch Manor Inc

Analysis

Wasatch Manor Inc is a registered charity in United States, based in Salt Lake Cty, UT. It received its IRS tax-exemption ruling in February 1996, 30 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 2023, Wasatch Manor Inc reported income of $2.3m and spending of $2.3m, spending 98% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.8m to $2.3m (+28%), an average of +6.4% a year. Over the whole period it spent 97% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Wasatch Manor Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 85th percentile within UT. Charities of a similar size with the same main cause include Lakeside Partners of Wilmington Inc ($2.3m), Tulsa Pythian Manor Inc ($2.3m) and TCC Hill Country Development Corporation ($2.3m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $6.9m against liabilities of $5.5m, net assets of $1.4m.