Immanuel Genius Inc

Analysis

Immanuel Genius Inc is a registered charity in United States, based in Flushing, NY. It received its IRS tax-exemption ruling in April 2010, 16 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Immanuel Genius Inc reported income of $2.3m and spending of $1.6m, leaving 29% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $338k to $2.3m (+582%), an average of +62% a year. The sharpest change came in the year to December 2021, when income rose by 199%. Over the whole period it spent 75% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Immanuel Genius Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 84th percentile within NY. Charities of a similar size with the same main cause include Roots Public Charter School Inc ($2.3m), North Columbus Preparatory Academy ($2.3m) and Noble Leadership Academy ($2.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 87% and program service revenue 13% of the total. Compensation of current officers, directors and key employees was $60k (3.7% of expenses). Other salaries and wages came to $969k. At year end it held assets of $2.1m against liabilities of $500k, net assets of $1.6m. It reported 32 employees.