International School in Genoa

Analysis

International School in Genoa is a registered charity in United States, based in Italy. It received its IRS tax-exemption ruling in May 1976, 50 years ago. The IRS classifies it as a school under section 501(c)(3).

In the financial year ending August 2024, International School in Genoa reported income of $7.0m and spending of $6.8m, spending 98% of its income. Across the 5 years on record, from August 2019 to August 2024, income grew from $5.4m to $7.0m (+28%), an average of +6.4% a year. The sharpest change came in the year to August 2023, when income rose by 18%. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, International School in Genoa sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 94th percentile. Charities of a similar size with the same main cause include Central Minnesota Jobs and Training Services Inc ($7.0m), Council on Aging of West Florida Inc ($7.0m) and Area Agency on Aging for Lincolnland Inc ($7.0m).

On its Form 990 for the period ending August 2024, revenue came from program service revenue 98% of the total. At year end it held assets of $7.0m against liabilities of $6.2m, net assets of $763k.