Genius 100 Foundation US

Analysis

Genius 100 Foundation US is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in December 2020, 6 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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 September 2023, Genius 100 Foundation US reported income of $187k and spending of $221k, spending 118% of what it took in. Across the 2 years on record, from September 2022 to September 2023, income fell from $205k to $187k (-8.7%), an average of -8.7% a year. Over the whole period it spent 106% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Genius 100 Foundation US sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 50th percentile within NY. Charities of a similar size with the same main cause include Heartland Center for Leadership Development Inc ($187k), Shakespeare Globe Centre - USA Inc ($187k) and Primelife Enrichment Inc ($187k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $54k against liabilities of $62k, net assets of -$8,629.