The International Genomics Consortium

Analysis

The International Genomics Consortium is a registered charity in United States, based in Phoenix, AZ. It received its IRS tax-exemption ruling in February 2002, 24 years ago. Its declared purposes cover medical research, which this site groups under health and saving lives. 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, The International Genomics Consortium reported income of $84k and spending of $1.4m, spending 1684% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $2.4m to $84k (-96%), an average of -57% a year. The sharpest change came in the year to December 2020, when income rose by 525%. Over the whole period it spent 40% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, The International Genomics Consortium sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 30th percentile within AZ. Charities of a similar size with the same main cause include Global Initiative for Childrens Surgery ($84k), North East Kingdom Pregnancy Care Services ($84k) and Roanoke Valley Charity Car Show Committee Inc ($84k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 0.9% of the total. Compensation of current officers, directors and key employees was $734k (52% of expenses). At year end it held assets of $10.8m against liabilities of $612k, net assets of $10.2m. It reported 3 employees.