Geneva Community Chest

Analysis

Geneva Community Chest is a registered charity in United States, based in Geneva, IL. It received its IRS tax-exemption ruling in May 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 August 2023, Geneva Community Chest reported income of $290k and spending of $267k, spending 92% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $226k to $290k (+28%), an average of +6.4% a year. The sharpest change came in the year to August 2021, when income rose by 37%. Over the whole period it spent 98% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Geneva Community Chest sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 61st percentile within IL. Charities of a similar size with the same main cause include Reading Public Library Foundation ($290k), Hope Lutheran Foundation ($290k) and Guadalupe County United Way Inc ($290k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 45% of the total. At year end it held assets of $227k against liabilities of $0, net assets of $227k.