Skip to content
Plinth
FundingAlso makes grants — grantmaker profile →

Utah · Nonprofit

Economic Development Corp of Utah

Economic Development Corp of Utah (Utah) receives grants from 2 organizations whose IRS filings report $140,000 to it, the largest being Walton Family Foundation Inc ($80,000). 1 of them have funded it in more than one year.

$1.5M
Revenue FY2025
2
Funders on record
$140k
Grants received
$1.6M
Net assets
1/2 repeat funderspeak grant-dependency 5%

Against its field

Economic Development Corp of Utah is better cushioned than half of the 1,812 community improvement nonprofits its size.

Operating margin−69% · bottom quartile
Months of reserve8.7mo · above the median
Revenue growth (annualized)−7% · bottom quartile

this organization peer median middle 50% of peers· 1,812 community improvement nonprofits $1M–$10M, FY2025

Three funders worth looking at

Grantmakers with no record of funding this organization, ranked by how strongly the co-funder graph and the mission embeddings agree. The evidence is in section 03.

See all 12 prospects and why each one surfaced →
01The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($2.6M) Expenses 100 ($2.8M) Net assets 100 ($1.1M)2018 Revenue 97 ($2.6M) Expenses 90 ($2.5M) Net assets 107 ($1.2M)2019 Revenue 104 ($2.7M) Expenses 99 ($2.7M) Net assets 107 ($1.2M)2020 Revenue 111 ($2.9M) Expenses 104 ($2.9M) Net assets 281 ($3.1M)2021 Revenue 111 ($2.9M) Expenses 101 ($2.8M) Net assets 294 ($3.2M)2022 Revenue 118 ($3.1M) Expenses 103 ($2.9M) Net assets 318 ($3.5M)2023 Revenue 112 ($3.0M) Expenses 104 ($2.9M) Net assets 323 ($3.5M)2024 Revenue 77 ($2.0M) Expenses 103 ($2.9M) Net assets 249 ($2.7M)2025 Revenue 58 ($1.5M) Expenses 94 ($2.6M) Net assets 151 ($1.6M)
'17'18'19'20'21'22'23'24'25
Revenue (58)Expenses (94)Net assets (151)Peer revenue range

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2017 65% · 2018 64% · 2019 59% · 2020 67% · 2021 59% · 2022 61% · 2023 58% · 2024 37% · 2025 11%. Grants only. Government contracts and fees sit inside program revenue.

87% of Economic Development Corp of Utah’s revenue is contributions — more donation-reliant than the typical peer (61% for the typical peer).

This organization
Typical peer · 4,406 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 3 of the last 9 reported years ran a deficit.

$132k
17
$81k
18
$458
19
$49k
20
$149k
21
$261k
22
$53k
23
$813k
24
$1.1M
25
8.7
months of
reserve
02Who funds it

Who funds it, year by year

2021 → 2023: the base narrowed from 2 funders to 1 funder, grant income rose $110k → $150k.

Left out of every figure on this page: $25k from one payer (the payer shares this organization's board, largest Ihc Health Services Inc). These are real filings, and they are not money Economic Development Corp of Utah raised.

From the IRS filings of Economic Development Corp of Utah’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

Economic Development Corp of Utah leans on a few funders — its largest provides 57% of grant income and the top three 100%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

57%
largest funder
100%
top three
~2
effective funders

Largest funder’s share by year: 2021 73% · 2022 100% · 2023 0%diversifying over time.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

Economic Development Corp of Utah draws 57% of its grant income from funders outside Utah, across 2 states in all.

UT
AR

In-state vs out-of-state, by year

21
22
Utah out of state home

Funder states come from each funder’s own filing. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

03Its place in the field

Funders to approach

Grantmakers that don’t fund you yet, surfaced two ways: they back organizations that share your funders, or their grantees resemble your mission. The ones both signals agree on come first. Your 2 funders put you under-funded among the 400 organizations that share them.

From the co-funder graph (funders backing at least two comparable organizations, shrunk for grantee count, donor-advised and mega-funds excluded) and the universe embeddings. A research starting point; overlap is association, not a guarantee of fit.

Organizations like Economic Development Corp of Utah

Nonprofits whose mission and program text most resemble this one, by semantic similarity over the universe of US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Utah

Nationally

04Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Governance

26
board members
96%
independent
Conflict-of-interest policyWhistleblower policyDocument retentionBoard reviewed the 990Audited financials

Footprint & structure

Part of a family of 7 related entities

  • Economic Development Corporation of Utah Foundation · exempt
  • Downtown Alliance Inc · exempt
  • Utah Chamber · exempt
  • Salt Lake Chamber Foundation · exempt
  • Downtown SLC Presents · exempt

Screen this organization

A dated, signed PDF of the compliance screen for Economic Development Corp of Utah: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

A paid feature, included from the $75 plan up. Sign in to download.

Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds Economic Development Corp of Utah?
Economic Development Corp of Utah (Utah) receives grants from 2 organizations whose IRS filings report $140,000 to it, the largest being Walton Family Foundation Inc ($80,000). 1 of them have funded it in more than one year.
How many funders does Economic Development Corp of Utah have?
IRS filings report 2 organizations giving $140,000 in grants to Economic Development Corp of Utah, 1 of which have funded it in more than one year.
Who is the largest funder of Economic Development Corp of Utah?
Walton Family Foundation Inc is the largest funder on record, with $80,000 in grants. The full list of funders is on this page.
How can an organization like Economic Development Corp of Utah find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Utah. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 2funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported August 27, 2026. What this page cannot tell you · view filing