CSCharityScored
49

Utec Inc

Human Services · Lowell, Massachusetts

15 Warren Street No 3, Lowell, MA 01852-2207

EIN: 383669532· Founded: Sep 2003· 23 years active· Filing Year: 2023

Annual Revenue

$17.3M

Total Expenses

$12.8M

Total Assets

$38.5M

Program Spending

16%

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

$347K

2.7% of total expenses

All officers, directors, and key employees combined

Other Salaries & Wages

$6.3M

Total Payroll

$6.6M

52% of total expenses

Where the Money Goes

16%
Programs: 16%
Payroll: 52%
Other overhead: 84%
Program Revenue$2.0M (12%)
Total Expenses$12.8M (74%)
Payroll$6.6M (52%)
Overhead (non-program)84%

Trust Score Breakdown

Program Spending Ratio

16% of expenses go to programs

40%

Revenue & Stability

$17.3M annual revenue

15%

Executive Compensation

$347K total officer comp (2.7% of expenses)

20%

Filing Recency

Most recent filing: 2023

15%

Asset Strength

$38.5M in assets

10%

Data from IRS Form 990 filing (2023). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.