Hidden Genius Project
Analysis
Hidden Genius Project is a registered charity in United States, based in Oakland, CA. It received its IRS tax-exemption ruling in June 2014, 12 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Hidden Genius Project reported income of $7.7m and spending of $8.3m, spending 108% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.9m to $7.7m (+304%), an average of +42% a year. The sharpest change came in the year to December 2020, when income rose by 162%. Over the whole period it spent 55% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Hidden Genius Project sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 94th percentile within CA. Charities of a similar size with the same main cause include Ralston College Inc ($7.7m), Nachlas Bais Yaakov Inc ($7.7m) and Evolution Academy ($7.7m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% and program service revenue 4.4% of the total. Compensation of current officers, directors and key employees was $285k (3.4% of expenses). Other salaries and wages came to $3.6m. At year end it held assets of $25.3m against liabilities of $5.8m, net assets of $19.5m. It reported 152 employees.
Income and spending
Where the income comes from
- Contributions & grants 95%
- Program services 4.4%
- Other 0.9%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Ralston College Inc | Savannah | $7.7m |
| Nachlas Bais Yaakov Inc | Lakewood | $7.7m |
| Evolution Academy | Richardson | $7.7m |
| Andrew J Brown Charter School | Indianapolis | $7.8m |