Genon Ministries Inc

Analysis

Genon Ministries Inc is a registered charity in United States, based in Monroeville, PA. It received its IRS tax-exemption ruling in June 1966, 60 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Genon Ministries Inc reported income of $139k and spending of $244k, spending 176% of what it took in. Across the 3 years on record, from December 2019 to December 2023, income fell from $208k to $139k (-33%), an average of -18% a year. The sharpest change came in the year to December 2022, when income rose by 461%. Over the whole period it spent 42% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Genon Ministries Inc sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 43rd percentile within PA. Charities of a similar size with the same main cause include Dr Willard E and Ella N Romberg Supporting Foundation ($139k), New England Pastoral Institute ($139k) and Communitas Mater Domini ($139k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 59% and program service revenue 23% of the total. Compensation of current officers, directors and key employees was $45k (19% of expenses). Other salaries and wages came to $122k. At year end it held assets of $953k against liabilities of $9,027, net assets of $944k. It reported 5 employees.