Genesis Counseling Center Inc

Analysis

Genesis Counseling Center Inc is a registered charity in United States, based in Collingswood, NJ. It received its IRS tax-exemption ruling in October 1988, 38 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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 June 2023, Genesis Counseling Center Inc reported income of $1.8m and spending of $2.0m, spending 111% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income fell from $3.1m to $1.8m (-42%), an average of -16% a year. The sharpest change came in the year to June 2022, when income dropped by 20%. Over the whole period it spent 98% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Genesis Counseling Center Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 87th percentile within NJ. Charities of a similar size with the same main cause include Taconic Resources for Independence Inc ($1.8m), Safe Harbor of NC Inc ($1.8m) and Delta Gamma Center for Children with Visual Impairments ($1.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 36% and program service revenue 64% of the total. Other salaries and wages came to $1.3m. At year end it held assets of $688k against liabilities of $487k, net assets of $201k. It reported 71 employees.