Geneva Plaza Inc

Analysis

Geneva Plaza Inc is a registered charity in United States, based in Pasadena, CA. It received its IRS tax-exemption ruling in October 2019, 7 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Geneva Plaza Inc reported income of $1.4m and spending of $1.4m, spending 98% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $1.4m to $1.4m (+2.2%), an average of +0.7% a year. Over the whole period it spent 97% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Geneva Plaza Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 84th percentile within CA. Charities of a similar size with the same main cause include Cafe of Life Inc ($1.4m), Cathedral Cloisters Inc ($1.4m) and Lomita Kiwanis Gardens Inc ($1.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 64% and program service revenue 33% of the total. Other salaries and wages came to $222k. At year end it held assets of $10.4m against liabilities of $7.1m, net assets of $3.3m. It reported 4 employees.