Geneseo Community Chest

Analysis

Geneseo Community Chest is a registered charity in United States, based in Geneseo, IL. It received its IRS tax-exemption ruling in June 1983, 43 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Geneseo Community Chest reported income of $153k and spending of $185k, spending 121% of what it took in. Across the 2 years on record, from June 2023 to June 2024, income fell from $173k to $153k (-12%), an average of -12% a year. Over the whole period it spent 101% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Geneseo Community Chest sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 48th percentile within IL. Charities of a similar size with the same main cause include Md5m Lions Kidsight Foundation Inc ($153k), Clay County Fair Charitable Trust ($153k) and Kiwanis Club of Southport-Oakisland Foundation ($153k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $110k against liabilities of $0, net assets of $110k.