New Geneva Inc

Analysis

New Geneva Inc is a registered charity in United States, based in Colorado SPGS, CO. It received its IRS tax-exemption ruling in June 1998, 28 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 June 2024, New Geneva Inc reported income of $566k and spending of $229k, leaving 60% of income unspent that year. Across the 4 years on record, from June 2019 to June 2024, income grew from $121k to $566k (+369%), an average of +67% a year. The sharpest change came in the year to June 2024, when income rose by 444%. Over the whole period it spent 76% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, New Geneva Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 70th percentile within CO. Charities of a similar size with the same main cause include Tellasia Ministries Inc ($566k), Iglesia Rios de Agua Viva Centro de Avivamiento a Las Naciones ($566k) and Firewind Ministries ($565k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 27% and program service revenue 4.5% of the total. Compensation of current officers, directors and key employees was $66k (29% of expenses). At year end it held assets of $335k against liabilities of $3,809, net assets of $331k. It reported 1 employees.