Genesis Apologetics Inc

Analysis

Genesis Apologetics Inc is a registered charity in United States, based in Folsom, CA. It received its IRS tax-exemption ruling in August 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, Genesis Apologetics Inc reported income of $5.1m and spending of $483k, leaving 90% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income grew from $210k to $5.1m (+2322%), an average of +189% a year. The sharpest change came in the year to December 2023, when income rose by 1031%. Over the whole period it spent 27% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Genesis Apologetics Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 92nd percentile within CA. Charities of a similar size with the same main cause include One Dream at a Time ($5.1m), Center for Creativity Innovation and Discovery ($5.1m) and Trinity Baptist College Inc ($5.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% and program service revenue 1.0% of the total. At year end it held assets of $5.0m against liabilities of $0, net assets of $5.0m.