Wasatch Peaks Foundation

Analysis

Wasatch Peaks Foundation is a registered charity in United States, based in Ogden, UT. It received its IRS tax-exemption ruling in December 2023, 3 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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, Wasatch Peaks Foundation reported income of $261k and spending of $225k, spending 86% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $164k to $261k (+60%), an average of +60% a year. The sharpest change came in the year to December 2023, when income rose by 60%. Over the whole period it spent 83% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Wasatch Peaks Foundation sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 57th percentile within UT. Charities of a similar size with the same main cause include Southern California Committee for the Olympic Games ($261k), Honor Flight Southland ($261k) and Anew Ministries ($261k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $73k against liabilities of $0, net assets of $73k.