Nonprofits are an integral part of our state's economy. Currently, Utah has approximately 5,500 registered public charities. In 2008 alone, these charities accounted for $5.3 billion in revenues and $7.8 billion in assets.
Each quarter we are surveying our colleagues to see how they are faring in these tough times. We've found that demand for services is skyrocketing, placing increasing demand on human service agencies. As budgets tighten fewer people are able to participate in the revenue generating activities many organizations - especially the performing arts - rely on. And foundations and corporations, hard hit by the decline in the market, have been unable to increase or even continue their support.
Read our quarterly updates here:
UtahNonprofitEconomyJuly2009.pdf
DashboardApril2009.pdf (baseline data)