Genesis Radio Network Inc

Analysis

Genesis Radio Network Inc is a registered charity in United States, based in Pembroke Pnes, FL. It received its IRS tax-exemption ruling in October 2006, 20 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Genesis Radio Network Inc reported income of $1.4m and spending of $1.4m, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.5m to $1.4m (-9.4%), an average of -2.4% a year. The sharpest change came in the year to December 2021, when income rose by 28%. Over the whole period it spent 102% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Genesis Radio Network Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 85th percentile within FL. Charities of a similar size with the same main cause include St Silouan Orthodox Community ($1.4m), Ministerios Una Voz Profetica En Las Naciones Inc ($1.4m) and Winners Circle International Inc ($1.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $546k. At year end it held assets of $2.0m against liabilities of $599k, net assets of $1.4m. It reported 17 employees.