Utahs Promise
Salt Lake Cty, Utah
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Above Average
How This Organization Compares
Compared to 30 peers in Philanthropy, Voluntarism & Grantmaking with $1M-$10M revenue
Working Capital Ratio (net assets ÷ expenses)
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
12 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $14,945,443↑35% | $15,533,322↑10% | $28,897,908 | |
| 2022 | $11,102,852↓38% | $14,172,242↑10% | $28,992,111↓14% | — |
| 2021 | $17,873,983↓18% | $12,901,927↓6% | $33,777,150↑15% | — |
| 2020 | $21,883,175↑62% | $13,795,462↓9% | $29,345,814↑26% | — |
| 2019 | $13,478,038↑2% | $15,213,256↓11% | $23,305,327↓14% | — |
| 2017 | $13,166,662↑8% | $17,116,459↑12% | $26,997,168↓10% | — |
| 2016 | $12,199,821↓29% | $15,248,240↑7% | $29,909,818↓5% | — |
| 2015 | $17,227,509↑52% | $14,295,021↓2% | $31,519,688↑13% | — |
| 2014 | $11,339,467↓47% | $14,560,659↑93% | $27,774,050↓2% | — |
| 2013 | $21,468,250↑44% | $7,552,757↓27% | $28,468,244↑56% | — |
| 2012 | $14,915,939↑31% | $10,374,670↓1% | $18,274,240↑30% | — |
| 2011 | $11,385,903 | $10,436,858 | $14,025,951 | — |
Frequently Asked Questions
What does Utahs Promise do?▼
Utahs Promise is a philanthropy, voluntarism & grantmaking nonprofit organization based in Utah. It is classified under NTEE code T70 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Utahs Promise financially healthy?▼
Based on our 9-metric Financial Health Score model, Utahs Promise has a score of 61/100 (Grade: B). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.
How much revenue does Utahs Promise generate?▼
Utahs Promise reports $4.7M in annual revenue and holds $19.7M in total assets, based on IRS filings.
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