Genesis Project

Analysis

Genesis Project is a registered charity in United States, based in Jones, OK. It received its IRS tax-exemption ruling in October 1999, 27 years ago. Its declared purposes cover environment, which this site groups under environment and conservation. 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, Genesis Project reported income of $1.8m and spending of $2.1m, spending 112% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.3m to $1.8m (+39%), an average of +8.6% a year. The sharpest change came in the year to June 2020, when income rose by 22%. Over the whole period it spent 94% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Genesis Project sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 87th percentile within OK. Charities of a similar size with the same main cause include Pennsylvania Parks and Forests Foundation ($1.8m), Shenandoah National Park Trust ($1.8m) and Green Building Alliance ($1.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 21% and program service revenue 79% of the total. Compensation of current officers, directors and key employees was $192k (9.4% of expenses). Other salaries and wages came to $992k. At year end it held assets of $909k against liabilities of $109k, net assets of $800k. It reported 59 employees.