Gennesaret Free Clinic Inc

Analysis

Gennesaret Free Clinic Inc is a registered charity in United States, based in Indianapolis, IN. It received its IRS tax-exemption ruling in February 1990, 36 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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 September 2023, Gennesaret Free Clinic Inc reported income of $2.5m and spending of $1.9m, leaving 24% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income grew from $964k to $2.5m (+158%), an average of +27% a year. The sharpest change came in the year to September 2022, when income rose by 43%. Over the whole period it spent 85% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Gennesaret Free Clinic Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 88th percentile within IN. Charities of a similar size with the same main cause include Map Behavioral Health Services Inc ($2.5m), Prevention Works Inc ($2.5m) and Jaime Leandro Foundation for Therapeutic Cancer Vaccines ($2.5m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $105k (5.6% of expenses). Other salaries and wages came to $1.1m. At year end it held assets of $3.0m against liabilities of $144k, net assets of $2.8m. It reported 32 employees.