Community Trust of Utah
95% goes to programs $0 to raise $100 Strong reserves Declining revenue
Community Trust of Utah is a 501(c)(3) organization based in Salt Lake Cty, Utah, registered in 2018, with $40,980,341 in FY2024 revenue. CharityIndex grades it A+, and it directs about 95% of spending to programs.
1245 E Brickyard Rd Ste 410, Salt Lake Cty, UT, 84106 EIN 82-3365355 Since 2018
Revenue (FY2024)
$41.0M
▲ 157.7% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$33.4M
Net assets
$23.2M
Employees
0
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A+
A+Program efficiency40% of the rating95% to programs · $0 to raise $100
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Community Trust of Utah: 95% to programs · $0 to raise $100 earns a A+ on this criterion. See the exact thresholds →
AFinancial health25% of the rating8 mo reserves · +19% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Community Trust of Utah: 8 mo reserves · +19% margin earns a A on this criterion. See the exact thresholds →
A+Governance25% of the rating6 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Community Trust of Utah: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
ATransparency10% of the rating4 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Community Trust of Utah: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Mission
Supports and carries out the charitable purposes of the community foundation of utah, advancing innovation and collaboration in philanthropy.
Contact & location
- Address
- 1245 E Brickyard Rd Ste 410, Salt Lake Cty, UT, 84106
- City
- Salt Lake Cty
- State
- Utah
- Subcategory
- Public Foundations
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $905K (FY2018) to $41.0M (FY2024) across 7 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $629KNet assets $23.2M
Operating margin
18.5%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$23.8M
Total liabilities
$629K
Net assets
$23.2M
Salaries & benefits
$0
0% of expenses
Board members
5
5 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $40,980,341▲158% | $33,391,712▲115% | $23,193,244▼25.1% | $23,821,973▼24.5% | 990 |
| 2023 | $15,901,466▼70.1% | $15,543,602▼54.2% | $30,980,479▼16.9% | $31,571,722▼17.6% | 990 |
| 2022 | $53,168,017▼74.3% | $33,911,300▼75.6% | $37,273,666▼0.8% | $38,314,413▼1.6% | 990 |
| 2021 | $207,220,473▲21.5% | $139,180,727▲72.5% | $37,589,678▲4.7% | $38,923,456▲7.0% | 990 |
| 2020 | $170,520,993▲469% | $80,704,234▲1203% | $35,895,623▲96.5% | $36,379,558▲98.6% | 990 |
| 2019 | $29,964,616▲3209% | $6,195,773▲43173% | $18,271,587▲5215% | $18,315,120▲3932% | 990 |
| 2018 | $905,498 | $14,318 | $343,749 | $454,277 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2024)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Brad Dickson | Vice President | 0.4 | — |
| Chris Conard | Trustee | 0.2 | — |
| Doug Hansen | Treasurer | 0.2 | — |
| Marty Tate | Trustee | 0.2 | — |
| Trish Coughlin | President | 0.4 | — |
Grants made · $31.6M in FY2024
14 grants totaling $31.6M in FY2024. All grants made by Community Trust of Utah →
| Recipient | Purpose | Amount |
|---|---|---|
| The Community Foundation of Utah | General support | $26,017,613 |
| The Church of Jesus Christ of Latter-day Saints | General support | $5,179,840 |
| Salem City | General support | $104,500 |
| Wilford Woodruff Papers Foundation | General support | $100,000 |
| Cache Community Food Pantry Inc | General support | $50,000 |
| Fidelity Investments Charitable Gift Fund | General support | $50,000 |
| Citizens Against Physical and Sexual Abuse Inc | General support | $23,000 |
| Utah Prospects | General support | $20,000 |
| Generationall | General support | $15,000 |
| Fund For Charitable Giving | General support | $12,808 |
| Hope Arising Inc | General support | $12,000 |
| Interweave Solutions | General support | $10,000 |
| Salt the Earth | General support | $10,000 |
| Cache Education Foundation | General support | $6,000 |
Similar organizations in Philanthropy
- Philanthropy
University Impact Charitable Tr
Provo, UT
$26.2M
C+annual revenue
- Philanthropy
Emma Eccles Jones Endowment For Excellence At the David Eccles Sch
Salt Lake Cty, UT
$25.0M
C+annual revenue
Philanthropy
The Community Foundation of Utah
Salt Lake Cty, UT
$66.7M
A+annual revenue
Philanthropy
Park City Community Foundation
Park City, UT
$11.7M
Bannual revenue
Philanthropy
Charityvision International Inc
Provo, UT
$10.1M
Dannual revenue
Philanthropy
Utahs Promise
Salt Lake Cty, UT
$9.5M
Bannual revenue
- Philanthropy
Sparkjoy Foundation
Salt Lake Cty, UT
$9.3M
C+annual revenue
Philanthropy
Ok Foundation
Salt Lake City, UT
$9.3M
Bannual revenue
Philanthropy
Crimson Collective
Salt Lake Cty, UT
$7.8M
Bannual revenue
Philanthropy
United Way of Northern Utah
Ogden, UT
$7.2M
Bannual revenue
Compare Community Trust of Utah
Frequently asked questions
- Is Community Trust of Utah a legitimate nonprofit?
- Yes. Community Trust of Utah is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 82-3365355, based in Salt Lake Cty, Utah. Donations are tax-deductible.
- What is Community Trust of Utah's EIN?
- Community Trust of Utah's Employer Identification Number (EIN) is 82-3365355.
- How much revenue does Community Trust of Utah report?
- Community Trust of Utah reported $40,980,341 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much of Community Trust of Utah's spending goes to programs?
- Community Trust of Utah spends about 95% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Community Trust of Utah have?
- CharityIndex grades Community Trust of Utah A+, based on program efficiency and fundraising cost.
- How much does Community Trust of Utah's highest-paid employee make?
- The highest reported compensation on Community Trust of Utah's latest Form 990 is $0, paid to Brad Dickson (Vice President).
More nonprofits in Salt Lake Cty
Explore more
Data for Community Trust of Utah (EIN 82-3365355) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.