Geneva Community Projects Inc

Analysis

Geneva Community Projects Inc is a registered charity in United States, based in Geneva, NY. It received its IRS tax-exemption ruling in June 1992, 34 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 December 2023, Geneva Community Projects Inc reported income of $278k and spending of $259k, spending 93% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $27k to $278k (+915%), an average of +915% a year. The sharpest change came in the year to December 2023, when income rose by 915%. Over the whole period it spent 92% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Geneva Community Projects Inc sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 57th percentile within NY. Charities of a similar size with the same main cause include Veiled Prophet Foundation ($277k), Ihub San Joaquin ($278k) and Main Street Murfreesboro-Rutherford County ($277k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 6.9% and program service revenue 93% of the total. At year end it held assets of $66k against liabilities of $0, net assets of $66k.