Childrens Genesis

Analysis

Childrens Genesis is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in July 2021, 5 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending July 2023, Childrens Genesis reported income of $420k and spending of $397k, spending 94% of its income. Across the 2 years on record, from July 2020 to July 2023, income grew from $123k to $420k (+241%), an average of +241% a year. The sharpest change came in the year to July 2023, when income rose by 241%. Over the whole period it spent 102% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Childrens Genesis sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 72nd percentile within TX. Charities of a similar size with the same main cause include Waterfall Unity Alliance Inc ($420k), Local 107 Development and Training Fund ($420k) and Harrisburg Public Schools Foundation ($420k).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 18% and program service revenue 82% of the total. Compensation of current officers, directors and key employees was $40k (10% of expenses). Other salaries and wages came to $168k. At year end it held assets of $74k against liabilities of $0, net assets of $74k. It reported 12 employees.