Our Genetic Legacy Inc

Analysis

Our Genetic Legacy Inc is a registered charity in United States, based in San Diego, CA. It received its IRS tax-exemption ruling in July 2021, 5 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Our Genetic Legacy Inc reported income of $116k and spending of $142k, spending 123% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $138k to $116k (-16%), an average of -16% a year. The sharpest change came in the year to December 2023, when income dropped by 16%. Over the whole period it spent 100% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Our Genetic Legacy Inc sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 43rd percentile within CA. Charities of a similar size with the same main cause include Bengali Cultural Association of Arizona ($116k), Wiseblood Books Inc ($116k) and Eastlake Dance Company Booster Club ($116k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 62% and program service revenue 38% of the total. At year end it held assets of $703 against liabilities of $0, net assets of $703.