Utah Housing Coalition Inc

Analysis

Utah Housing Coalition Inc is a registered charity in United States, based in SLC, UT. It received its IRS tax-exemption ruling in March 1983, 43 years ago. 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, Utah Housing Coalition Inc reported income of $269k and spending of $300k, spending 112% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $265k to $269k (+1.6%), an average of +0.4% a year. The sharpest change came in the year to December 2022, when income dropped by 26%. Over the whole period it spent 101% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Utah Housing Coalition Inc sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 58th percentile within UT. Charities of a similar size with the same main cause include Vets 4 Veterans ($269k), Sandell Ministries Inc ($269k) and St John Fathers Club ($269k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 66% and program service revenue 34% of the total. Compensation of current officers, directors and key employees was $93k (31% of expenses). Other salaries and wages came to $37k. At year end it held assets of $135k against liabilities of $35k, net assets of $100k. It reported 3 employees.