Geneva Cancer Auction Inc

Analysis

Geneva Cancer Auction Inc is a registered charity in United States, based in Geneva, MN. It received its IRS tax-exemption ruling in February 1993, 33 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 publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Geneva Cancer Auction Inc reported income of $245k and spending of $241k, spending 98% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $234k to $245k (+4.7%), an average of +4.7% a year. Over the whole period it spent 94% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Geneva Cancer Auction 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 58th percentile, and in the 56th percentile within MN. Charities of a similar size with the same main cause include Love Our Veterans ($245k), Inside Out Club ($245k) and Spread the Cheer USA ($245k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 48% and program service revenue 40% of the total. At year end it held assets of $105k against liabilities of $0, net assets of $105k.