Operation Genesis Inc

Analysis

Operation Genesis Inc is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in September 2015, 11 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Operation Genesis Inc reported income of $316k and spending of $413k, spending 131% of what it took in. Across the 4 years on record, from December 2018 to December 2023, income fell from $395k to $316k (-20%), an average of -7.1% a year. The sharpest change came in the year to December 2021, when income rose by 138%. Over the whole period it spent 108% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Operation Genesis Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 65th percentile within CA. Charities of a similar size with the same main cause include Kalis Cure for Paralysis Foundation Inc ($316k), Tulsa Firefighters Benevolence Fund ($316k) and Friends of Fontaine Inc ($316k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $213k. At year end it held assets of $19k against liabilities of $0, net assets of $19k. It reported 12 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.