Richard M Genius Sr Trust for Central Baptist Home

Analysis

Richard M Genius Sr Trust for Central Baptist Home is a registered charity in United States, based in Po Box Chicago, IL. It received its IRS tax-exemption ruling in May 1995, 31 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 supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Richard M Genius Sr Trust for Central Baptist Home reported income of $291k and spending of $265k, spending 91% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $336k to $291k (-13%), an average of -3.5% a year. The sharpest change came in the year to December 2022, when income dropped by 58%. Over the whole period it spent 60% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Richard M Genius Sr Trust for Central Baptist Home 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 Muskegon Ys Club Inc ($291k), River Valley United Way Inc ($291k) and Roy G Post Foundation ($291k).

Compensation of current officers, directors and key employees was $22k (8.4% of expenses). At year end it held assets of $7.5m against liabilities of $0, net assets of $7.5m.