Genesis-Thomas County Inc

Analysis

Genesis-Thomas County Inc is a registered charity in United States, based in Colby, KS. It received its IRS tax-exemption ruling in February 1994, 32 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 February 2024, Genesis-Thomas County Inc reported income of $79k and spending of $92k, spending 115% of what it took in. Across the 3 years on record, from December 2022 to February 2024, income fell from $90k to $79k (-12%), an average of -6.1% a year. Over the whole period it spent 117% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Genesis-Thomas County Inc sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 29th percentile within KS. Charities of a similar size with the same main cause include South Jersey Evangelism ($79k), Friends of the Southborough Council on Aging Inc ($79k) and Help One Help Another Inc ($79k).

On its Form 990-EZ for the period ending February 2024, revenue came from contributions and grants 98% of the total. At year end it held assets of $106k against liabilities of $0, net assets of $106k.

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.