Genesis and Light Center

Analysis

Genesis and Light Center is a registered charity in United States, based in Jackson, MS. It received its IRS tax-exemption ruling in March 1994, 32 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 December 2023, Genesis and Light Center reported income of $528k and spending of $991k, spending 188% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $262k to $528k (+101%), an average of +19% a year. The sharpest change came in the year to December 2022, when income rose by 74%. Over the whole period it spent 112% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Genesis and Light Center sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 72nd percentile within MS. Charities of a similar size with the same main cause include Fostering Hope ($528k), Gerald Huff Fund for Humanity ($528k) and Kolel Damsek Eliezer Inc ($528k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 17% and program service revenue 81% of the total. Compensation of current officers, directors and key employees was $108k (11% of expenses). Other salaries and wages came to $177k. At year end it held assets of $1.7m against liabilities of $332k, net assets of $1.4m. It reported 5 employees.