United Way of Central and Southern Utah

Analysis

United Way of Central and Southern Utah is a registered charity in United States, based in Provo, UT. It received its IRS tax-exemption ruling in December 1982, 44 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 June 2023, United Way of Central and Southern Utah reported income of $5.4m and spending of $5.8m, spending 108% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income grew from $4.3m to $5.4m (+26%), an average of +8.0% a year. The sharpest change came in the year to June 2022, when income rose by 20%. Over the whole period it spent 105% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, United Way of Central and Southern Utah sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 92nd percentile within UT. Charities of a similar size with the same main cause include Massachusetts Continuing Legal Education Inc ($5.4m), Cha Foundation ($5.4m) and T M M Family Services Inc ($5.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 83% and program service revenue 13% of the total. Compensation of current officers, directors and key employees was $223k (3.8% of expenses). Other salaries and wages came to $1.8m. At year end it held assets of $1.9m against liabilities of $733k, net assets of $1.1m. It reported 107 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.