Wayne Brown Institute

Analysis

Wayne Brown Institute is a registered charity in United States, based in Salt Lake Cty, UT. It received its IRS tax-exemption ruling in January 1985, 41 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, Wayne Brown Institute reported income of $1.0m and spending of $941k, spending 90% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $516k to $1.0m (+103%), an average of +19% a year. The sharpest change came in the year to December 2022, when income rose by 55%. Over the whole period it spent 108% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Wayne Brown Institute sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 78th percentile within UT. Charities of a similar size with the same main cause include Clinton Child Care Center Inc ($1.0m), Habitat for Humanity International Inc ($1.0m) and CHC Creating Healthier Communities ($1.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 86% and program service revenue 14% of the total. Compensation of current officers, directors and key employees was $144k (15% of expenses). Other salaries and wages came to $230k. At year end it held assets of $227k against liabilities of $515k, net assets of -$288k. It reported 7 employees.