Genesis Therapy Center

Analysis

Genesis Therapy Center is a registered charity in United States, based in Oak Forest, IL. It received its IRS tax-exemption ruling in February 1989, 37 years ago. Its declared purposes cover mental health and crisis intervention, 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 June 2023, Genesis Therapy Center reported income of $1.6m and spending of $1.6m, spending 98% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.1m to $1.6m (+48%), an average of +10% a year. The sharpest change came in the year to June 2020, when income rose by 31%. Over the whole period it spent 94% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Genesis Therapy Center sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 84th percentile within IL. Charities of a similar size with the same main cause include St Lukes Foundation ($1.6m), Neurohope of Indiana Inc ($1.6m) and Central Iowa Recovery Inc ($1.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 4.3% and program service revenue 94% of the total. Other salaries and wages came to $55k. At year end it held assets of $692k against liabilities of $105k, net assets of $587k. It reported 4 employees.