Gene-Arations Inc

Analysis

Gene-Arations Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in April 2015, 11 years ago. Its declared purposes cover medical research, 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, Gene-Arations Inc reported income of $59k and spending of $4,042, leaving 93% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $7,422 to $59k (+699%), an average of +68% a year. The sharpest change came in the year to December 2023, when income rose by 18855%. Over the whole period it spent 29% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Gene-Arations Inc sits at the 18th percentile: it is larger than about 18% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 25th percentile within NY. Charities of a similar size with the same main cause include International Topical Steroid Awareness Network Inc ($59k), Seattle Childrens Hospital ($59k) and Tri-County Pregnancy Center ($59k).

At year end it held assets of $1.5m against liabilities of $0, net assets of $1.5m.