Genesis Affordable Housing

Analysis

Genesis Affordable Housing is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in April 2017, 9 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, Genesis Affordable Housing reported income of $54k and spending of $54k, spending 100% of its income. Across the 4 years on record, from December 2018 to December 2023, income grew from $11k to $54k (+400%), an average of +71% a year. The sharpest change came in the year to December 2022, when income rose by 5999%. Over the whole period it spent 76% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Genesis Affordable Housing sits at the 12th percentile: it is larger than about 12% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 22nd percentile within TX. Charities of a similar size with the same main cause include Dpi Webster Inc ($54k), Oneil Family Foundation ($54k) and Owensville Housing Development Fund Company ($54k).

At year end it held assets of $1 against liabilities of $0, net assets of $1.