Genetic Counseling Foundation
Analysis
Genetic Counseling Foundation is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in May 2007, 19 years ago. Its declared purposes cover health care, 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 December 2023, Genetic Counseling Foundation reported income of $126k and spending of $102k, spending 81% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $69k to $126k (+83%), an average of +16% a year. The sharpest change came in the year to December 2021, when income rose by 159%. Over the whole period it spent 100% of the income it received.
Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Genetic Counseling Foundation sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 44th percentile within IL. Charities of a similar size with the same main cause include Parkinsonlife Corporation ($126k), Ibd Support Foundation ($126k) and Sober 4 Life ($126k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 53% of the total. At year end it held assets of $1.8m against liabilities of $70k, net assets of $1.7m.
Income and spending
Where the income comes from
- Contributions & grants 53%
- Other 47%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Parkinsonlife Corporation | Tampa | $126k |
| Ibd Support Foundation | Beverly Hills | $126k |
| Sober 4 Life | Attleboro | $126k |
| Ka U Rural Health Community Association Inc | Pahala | $126k |