The Genesis Mission Inc

Analysis

The Genesis Mission Inc is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in May 2009, 17 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 December 2023, The Genesis Mission Inc reported income of $197k and spending of $202k, spending 103% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $169k to $197k (+16%), an average of +16% a year. The sharpest change came in the year to December 2023, when income rose by 16%. Over the whole period it spent 91% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, The Genesis Mission Inc sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 57th percentile within GA. Charities of a similar size with the same main cause include Brownville Housing Corporation ($197k), Working in Senior Housing of South Cumminsville ($197k) and Boulder Community Housing Corporation Inc ($197k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $5,838 against liabilities of $88k, net assets of -$82k.