Genius Garage

Analysis

Genius Garage is a registered charity in United States, based in Bowling Green, OH. It received its IRS tax-exemption ruling in July 2017, 9 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, Genius Garage reported income of $56k and spending of $81k, spending 146% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $95k to $56k (-41%), an average of -12% a year. The sharpest change came in the year to December 2021, when income rose by 177%. Over the whole period it spent 102% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Genius Garage sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 22nd percentile within OH. Charities of a similar size with the same main cause include West Alameda County Conference ($56k), Youngsville Athletic Association ($56k) and Fair Hope Children Ministry ($56k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 91% of the total. At year end it held assets of $795k against liabilities of $76k, net assets of $720k.