Genesee Area Focus Fund Inc

Analysis

Genesee Area Focus Fund Inc is a registered charity in United States, based in Flint, MI. It received its IRS tax-exemption ruling in May 1989, 37 years ago. 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, Genesee Area Focus Fund Inc reported income of $5.1m and spending of $5.1m, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $7.4m to $5.1m (-31%), an average of -9.0% a year. The sharpest change came in the year to December 2023, when income dropped by 32%. Over the whole period it spent 97% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Genesee Area Focus Fund Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 92nd percentile within MI. Charities of a similar size with the same main cause include National Childrens Museum ($5.1m), High Hopes Inc ($5.1m) and Trellis ($5.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Other salaries and wages came to $3.5m. At year end it held assets of $2.7m against liabilities of $221k, net assets of $2.5m.