Geneva Foundation of Presbyterian Homes

Analysis

Geneva Foundation of Presbyterian Homes is a registered charity in United States, based in Skokie, IL. It received its IRS tax-exemption ruling in August 2021, 5 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 supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending March 2024, Geneva Foundation of Presbyterian Homes reported income of $11.5m and spending of $8.2m, leaving 29% of income unspent that year. Across the 5 years on record, from March 2020 to March 2024, income fell from $21.0m to $11.5m (-45%), an average of -14% a year. The sharpest change came in the year to March 2021, when income dropped by 57%. Over the whole period it spent 49% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Geneva Foundation of Presbyterian Homes sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 95th percentile within IL. Charities of a similar size with the same main cause include Cambodian Childrens Fund ($11.5m), Community Foundation for South Central New York Inc ($11.5m) and Jewish Community Federation of Greater Rochester Ny Inc ($11.5m).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 20% of the total. At year end it held assets of $172.2m against liabilities of $613k, net assets of $171.5m.