Genesis Group Vision to Reality Inc

Analysis

Genesis Group Vision to Reality Inc is a registered charity in United States, based in Utica, NY. It received its IRS tax-exemption ruling in October 2002, 24 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 2024, Genesis Group Vision to Reality Inc reported income of $127k and spending of $124k, spending 98% of its income. Across the 2 years on record, from June 2023 to June 2024, income grew from $115k to $127k (+11%), an average of +11% a year. Over the whole period it spent 107% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Genesis Group Vision to Reality Inc sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 42nd percentile within NY. Charities of a similar size with the same main cause include Frostproof Chamber Foundation Inc ($127k), Georgia Supportive Housing Association Inc ($127k) and Junior League of Yakima ($127k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 98% of the total. At year end it held assets of $61k against liabilities of $0, net assets of $61k.