Geneva Lake Astrophysics and Steam Inc

Analysis

Geneva Lake Astrophysics and Steam Inc is a registered charity in United States, based in Williams Bay, WI. It received its IRS tax-exemption ruling in March 2019, 7 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Geneva Lake Astrophysics and Steam Inc reported income of $188k and spending of $253k, spending 135% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $268k to $188k (-30%), an average of -8.5% a year. The sharpest change came in the year to December 2020, when income rose by 39%. Over the whole period it spent 105% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Geneva Lake Astrophysics and Steam Inc sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 52nd percentile within WI. Charities of a similar size with the same main cause include Americas Foundation-Fundacion de Las Americas ($188k), Parent Booster USA Inc ($188k) and Jefferson Forest High School Band Boosters Inc ($188k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% and program service revenue 2.0% of the total. Compensation of current officers, directors and key employees was $97k (38% of expenses). Other salaries and wages came to $72k. At year end it held assets of $28k against liabilities of $3,080, net assets of $25k. It reported 8 employees.