Genesys Hurley Cancer Institute

Analysis

Genesys Hurley Cancer Institute is a registered charity in United States, based in Flint, MI. It received its IRS tax-exemption ruling in June 2001, 25 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a hospital or medical research organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Genesys Hurley Cancer Institute reported income of $8.7m and spending of $8.8m, spending 101% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $9.1m to $8.7m (-4.8%), an average of -1.2% a year. Over the whole period it spent 96% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Genesys Hurley Cancer Institute sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 95th percentile within MI. Charities of a similar size with the same main cause include United Cerebral Palsy Association of Central Arizona ($8.7m), Brown Physicians Inc ($8.7m) and Global Alzheimers Platform Foundation Inc ($8.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.2% and program service revenue 95% of the total. Compensation of current officers, directors and key employees was $155k (1.8% of expenses). Other salaries and wages came to $1.6m. At year end it held assets of $17.7m against liabilities of $3.1m, net assets of $14.6m. It reported 29 employees.