Genesis Foundation for Fitness &tennis

Analysis

Genesis Foundation for Fitness &tennis is a registered charity in United States, based in Wichita, KS. It received its IRS tax-exemption ruling in June 2019, 7 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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, Genesis Foundation for Fitness &tennis reported income of $226k and spending of $232k, spending 103% of its income. Across the 3 years on record, from December 2021 to December 2023, income fell from $232k to $226k (-2.4%), an average of -1.2% a year. Over the whole period it spent 76% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Genesis Foundation for Fitness &tennis sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 56th percentile within KS. Charities of a similar size with the same main cause include Hamilton Southeastern Youth Football Inc ($226k), Plainfield Curling Corp ($226k) and Superb Athletics Foundation ($226k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 123% of the total. Compensation of current officers, directors and key employees was $50k (21% of expenses). At year end it held assets of $212k against liabilities of $1,198, net assets of $211k. It reported 1 employees.