Geneseo Endowment for Excellence

Analysis

Geneseo Endowment for Excellence is a registered charity in United States, based in Geneseo, IL. It received its IRS tax-exemption ruling in January 1992, 34 years ago. Its declared purposes cover education, which this site groups under education and training. 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 Endowment for Excellence reported income of $345k and spending of $261k, leaving 24% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $271k to $345k (+27%), an average of +6.2% a year. The sharpest change came in the year to June 2022, when income rose by 36%. Over the whole period it spent 72% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Geneseo Endowment for Excellence sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 64th percentile within IL. Charities of a similar size with the same main cause include Restore Texas Ministries ($345k), Life College ($345k) and One Spark Foundation Inc ($345k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 73% of the total. At year end it held assets of $2.4m against liabilities of $0, net assets of $2.4m.