Geneva Center of Concern Inc

Analysis

Geneva Center of Concern Inc is a registered charity in United States, based in Geneva, NY. It received its IRS tax-exemption ruling in December 1978, 48 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 April 2023, Geneva Center of Concern Inc reported income of $344k and spending of $192k, leaving 44% of income unspent that year. Across the 5 years on record, from April 2019 to April 2023, income grew from $136k to $344k (+153%), an average of +26% a year. The sharpest change came in the year to April 2021, when income rose by 66%. Over the whole period it spent 74% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Geneva Center of Concern Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 61st percentile within NY. Charities of a similar size with the same main cause include South Mountain School Parent Teacher Organization Inc ($344k), Cast Hope ($344k) and Darryl Worley Foundation Inc ($344k).

On its Form 990 for the period ending April 2023, revenue came from contributions and grants 81% and program service revenue 18% of the total. Other salaries and wages came to $85k. At year end it held assets of $1.1m against liabilities of $4,653, net assets of $1.1m. It reported 3 employees.