Genesis Counseling Services Incorporated

Analysis

Genesis Counseling Services Incorporated is a registered charity in United States, based in Framingham, MA. It received its IRS tax-exemption ruling in May 1996, 30 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Genesis Counseling Services Incorporated reported income of $353k and spending of $365k, spending 103% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $289k to $353k (+22%), an average of +5.2% a year. The sharpest change came in the year to June 2022, when income rose by 15%. Over the whole period it spent 98% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Genesis Counseling Services Incorporated sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 66th percentile within MA. Charities of a similar size with the same main cause include T Leroy Jefferson Medical Society Inc ($353k), Golden Rule Inc ($353k) and Shields and Stripes Inc ($353k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 8.8% and program service revenue 91% of the total. Compensation of current officers, directors and key employees was $101k (28% of expenses). Other salaries and wages came to $117k. At year end it held assets of $50k against liabilities of $7,838, net assets of $42k. It reported 6 employees.