Genesis House Inc
Analysis
Genesis House Inc is a registered charity in United States, based in Uniontown, PA. It received its IRS tax-exemption ruling in May 2013, 13 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 June 2023, Genesis House Inc reported income of $610k and spending of $658k, spending 108% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $342k to $610k (+78%), an average of +16% a year. The sharpest change came in the year to June 2023, when income rose by 285%. Over the whole period it spent 133% of the income it received.
Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Genesis House Inc sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 71st percentile within PA. Charities of a similar size with the same main cause include Fulton County Community Heritage Corp ($610k), Building and Impacting Communities Inc ($610k) and Greater Napa Fair Housing Center ($610k).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 1.1% and program service revenue 99% of the total. Compensation of current officers, directors and key employees was $57k (8.7% of expenses). Other salaries and wages came to $295k. At year end it held assets of $149k against liabilities of $658k, net assets of -$508k. It reported 23 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.
Income and spending
Where the income comes from
- Contributions & grants 1.1%
- Program services 99%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Fulton County Community Heritage Corp | Gloversville | $610k |
| Building and Impacting Communities Inc | Indianapolis | $610k |
| Greater Napa Fair Housing Center | Napa | $610k |
| Senior Citizens Housing Development Corporation of Mt Lebanon | Millvale | $611k |