The Genieve Shelter

Analysis

The Genieve Shelter is a registered charity in United States, based in Suffolk, VA. It received its IRS tax-exemption ruling in September 1989, 37 years ago. 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 June 2023, The Genieve Shelter reported income of $1.6m and spending of $1.7m, spending 109% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $705k to $1.6m (+128%), an average of +23% a year. The sharpest change came in the year to June 2023, when income rose by 45%. Over the whole period it spent 94% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Genieve Shelter sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 85th percentile within VA. Charities of a similar size with the same main cause include Solace Sexual Assault Services ($1.6m), Council on Chiropractic Education Inc ($1.6m) and Los Angeles Maritime Institute ($1.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% and program service revenue 0.4% of the total. Compensation of current officers, directors and key employees was $142k (8.1% of expenses). Other salaries and wages came to $483k. At year end it held assets of $1.6m against liabilities of $216k, net assets of $1.4m. It reported 24 employees.