Genesis Healthcare System -Group Return-

Analysis

Genesis Healthcare System -Group Return- is a registered charity in United States, based in Zanesville, OH. It received its IRS tax-exemption ruling in April 2001, 25 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a hospital or medical research organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Genesis Healthcare System -Group Return- reported income of $2.9m and spending of $3.0m, spending 106% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.6m to $2.9m (+12%), an average of +2.9% a year. The sharpest change came in the year to December 2020, when income rose by 54%. Over the whole period it spent 82% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Genesis Healthcare System -Group Return- sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 89th percentile within OH. Charities of a similar size with the same main cause include St Vincent Ras Inc ($2.9m), Baylor Oral Health Foundation ($2.9m) and Civitas Networks for Health ($2.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 37% of the total. Other salaries and wages came to $323k. At year end it held assets of $74.2m against liabilities of $24k, net assets of $74.2m. It reported 3 employees.