Figli Di San Gennaro Inc

Analysis

Figli Di San Gennaro Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in July 1997, 29 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 December 2023, Figli Di San Gennaro Inc reported income of $186k and spending of $207k, spending 111% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $313k to $186k (-41%), an average of -12% a year. The sharpest change came in the year to December 2021, when income dropped by 100%. Over the whole period it spent 101% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Figli Di San Gennaro Inc sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 50th percentile within NY. Charities of a similar size with the same main cause include Walking by Faith Ministries Inc ($186k), Trinity Fellowship of Central Texas ($186k) and Kingdom Destiny Ministries International ($186k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 13% of the total. At year end it held assets of $28k against liabilities of $0, net assets of $28k.