Geneva Nursing Home Inc

Analysis

Geneva Nursing Home Inc is a registered charity in United States, based in Geneva, NY. It received its IRS tax-exemption ruling in December 1968, 58 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a hospital or medical research organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Geneva Nursing Home Inc reported income of $5.0m and spending of $6.8m, spending 138% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $7.1m to $5.0m (-30%), an average of -8.6% a year. The sharpest change came in the year to December 2023, when income rose by 24%. Over the whole period it spent 136% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Geneva Nursing Home Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 89th percentile within NY. Charities of a similar size with the same main cause include Mountain Hospice Inc ($5.0m), Ronald McDonald House Louisville Inc ($5.0m) and NNH Qalicb ($5.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 8.0% and program service revenue 83% of the total. Compensation of current officers, directors and key employees was $304k (4.4% of expenses). Other salaries and wages came to $3.2m. At year end it held assets of $4.4m against liabilities of $9.4m, net assets of -$5.0m. It reported 88 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.