Genesis University South Africa Inc

Analysis

Genesis University South Africa Inc is a registered charity in United States, based in Chesterfield, MO. It received its IRS tax-exemption ruling in December 2017, 9 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Genesis University South Africa Inc reported income of $780k and spending of $1.5m, spending 193% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $501k to $780k (+56%), an average of +12% a year. The sharpest change came in the year to December 2023, when income rose by 141%. Over the whole period it spent 60% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Genesis University South Africa Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 74th percentile within MO. Charities of a similar size with the same main cause include Montessori American Indian Childcare Center Incorporated ($780k), Starr Family Jewish Day School ($780k) and Marantha Mennonite Christian School ($780k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 94% of the total. Compensation of current officers, directors and key employees was $209k (14% of expenses). At year end it held assets of $1.6m against liabilities of $2,185, net assets of $1.6m. It reported 1 employees.