Genesis Club House Inc

Analysis

Genesis Club House Inc is a registered charity in United States, based in Worcester, MA. It received its IRS tax-exemption ruling in August 1988, 38 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Genesis Club House Inc reported income of $2.5m and spending of $2.1m, spending 87% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.8m to $2.5m (+39%), an average of +8.5% a year. The sharpest change came in the year to June 2020, when income rose by 31%. Over the whole period it spent 84% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Genesis Club House Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 86th percentile within MA. Charities of a similar size with the same main cause include Seattle Science Foundation ($2.5m), Region Ten Community Services Board Inc ($2.5m) and Valley Regional Healthcare Inc ($2.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 19% and program service revenue 70% of the total. Compensation of current officers, directors and key employees was $141k (6.6% of expenses). Other salaries and wages came to $1.0m. At year end it held assets of $4.0m against liabilities of $311k, net assets of $3.7m. It reported 28 employees.