Genesis Project of Northern Colorado

Analysis

Genesis Project of Northern Colorado is a registered charity in United States, based in Greeley, CO. It received its IRS tax-exemption ruling in January 2005, 21 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Genesis Project of Northern Colorado reported income of $453k and spending of $189k, leaving 58% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $217k to $453k (+108%), an average of +44% a year. The sharpest change came in the year to December 2022, when income rose by 62%. Over the whole period it spent 54% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Genesis Project of Northern Colorado sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 66th percentile within CO. Charities of a similar size with the same main cause include Systems of Care Initiative Inc ($452k), Youth Directions and Alternatives Community and Youth Agency Inc ($453k) and Guardian Care Center Inc ($452k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% and program service revenue 2.3% of the total. At year end it held assets of $1.3m against liabilities of $350k, net assets of $965k. It reported 4 employees.