Genetic Health Foundation Inc

Analysis

Genetic Health Foundation Inc is a registered charity in United States, based in Olympia, WA. It received its IRS tax-exemption ruling in February 2014, 12 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, Genetic Health Foundation Inc reported income of $1.2m and spending of $1.3m, spending 104% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.2m to $1.2m (+6.8%), an average of +1.7% a year. The sharpest change came in the year to December 2021, when income rose by 30%. Over the whole period it spent 92% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Genetic Health Foundation Inc sits at the 67th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 82nd percentile within WA. Charities of a similar size with the same main cause include Helping Other People Through Empowerment Inc ($1.2m), Elk Regional Professional Group Inc ($1.2m) and Central Florida Area Health Education Center Inc ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 3.5% and program service revenue 96% of the total. Other salaries and wages came to $1.0m. At year end it held assets of $548k against liabilities of $10k, net assets of $537k. It reported 20 employees.