Genesee Education Consultant Services Inc

Analysis

Genesee Education Consultant Services Inc is a registered charity in United States, based in Flint, MI. It received its IRS tax-exemption ruling in April 2021, 5 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Genesee Education Consultant Services Inc reported income of $59.9m and spending of $57.9m, spending 97% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $43.0m to $59.9m (+39%), an average of +12% a year. The sharpest change came in the year to June 2022, when income rose by 20%. Over the whole period it spent 98% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Genesee Education Consultant Services Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within MI. Charities of a similar size with the same main cause include Hawken School ($59.7m), East Texas Baptist University ($59.9m) and Virginia Student Aid Foundation ($59.7m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $463k (0.8% of expenses). Other salaries and wages came to $46.6m. At year end it held assets of $10.0m against liabilities of $2.6m, net assets of $7.4m. It reported 2,881 employees.