Genesis School Inc
Analysis
Genesis School Inc is a registered charity in United States, based in Kansas City, MO. It received its IRS tax-exemption ruling in October 1980, 46 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending June 2023, Genesis School Inc reported income of $5.5m and spending of $5.0m, spending 91% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $3.8m to $5.5m (+44%), an average of +13% a year. The sharpest change came in the year to June 2023, when income rose by 27%. Over the whole period it spent 96% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Genesis School Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 91st percentile within MO. Charities of a similar size with the same main cause include Brashier Middle College Charter High School Inc ($5.5m), Circle City Preparatory Inc ($5.5m) and University at Buffalo Otolaryngology Inc ($5.5m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 8.4% and program service revenue 90% of the total. Other salaries and wages came to $2.0m. At year end it held assets of $3.3m against liabilities of $12k, net assets of $3.3m. It reported 53 employees.
Income and spending
Where the income comes from
- Contributions & grants 8.4%
- Program services 90%
- Other 1.7%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Brashier Middle College Charter High School Inc | Simpsonville | $5.5m |
| Circle City Preparatory Inc | Indianapolis | $5.5m |
| University at Buffalo Otolaryngology Inc | Buffalo | $5.5m |
| Hmong Education Reform Company | Saint Paul | $5.5m |