Genesee Health Plan

Analysis

Genesee Health Plan is a registered charity in United States, based in Flint, MI. It received its IRS tax-exemption ruling in December 2004, 22 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Genesee Health Plan reported income of $5.5m and spending of $6.5m, spending 118% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income fell from $10.5m to $5.5m (-48%), an average of -15% a year. The sharpest change came in the year to September 2022, when income dropped by 51%. Over the whole period it spent 116% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Genesee Health Plan sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 93rd percentile within MI. Charities of a similar size with the same main cause include Glacier Community Health Center Inc ($5.5m), Madison House Autism Foundation Inc ($5.5m) and Easterseals Alaska ($5.5m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 20% and program service revenue 67% of the total. Compensation of current officers, directors and key employees was $135k (2.1% of expenses). Other salaries and wages came to $1.5m. At year end it held assets of $8.8m against liabilities of $3.0m, net assets of $5.8m. It reported 47 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.