Genesis Center
Only null% goes to programs Strong reserves Growing revenue
Genesis Center is a 501(c)(3) organization based in Providence, Rhode Island, registered in 1994, with $4,773,613 in FY2023 revenue. CharityIndex grades it B.
620 Potters Ave, Providence, RI, 02907 EIN 22-3001721 Since 1994
Revenue (FY2023)
$4.8M
▼ 2.8% vs prior year
Human Services median: $293K
Expenses (FY2023)
$4.5M
Net assets
$5.7M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
★★★★
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Genesis Center— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
AFinancial health25% of the rating15 mo reserves · +7% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Genesis Center: 15 mo reserves · +7% margin earns a A on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Genesis Center— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Genesis Center: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Contact & location
- Address
- 620 Potters Ave, Providence, RI, 02907
- City
- Providence
- State
- Rhode Island
- Category
- Human Services
- Subcategory
- Services for Specific Populations
- Website
- …
Financial trends
Revenue grew from $1.9M (FY2013) to $4.8M (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $651KNet assets $5.7M
Operating margin
6.6%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$6.4M
Total liabilities
$651K
Net assets
$5.7M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $4,773,613▼2.8% | $4,460,579▲5.3% | $5,724,983▲9.8% | $6,375,576▲16.0% | 990 |
| 2022 | $4,913,445▲13.7% | $4,235,177▲9.7% | $5,215,741▲16.9% | $5,496,343▲10.5% | 990 |
| 2021 | $4,320,628▲12.9% | $3,860,740▲8.6% | $4,462,091▲5.1% | $4,976,047▲4.4% | 990 |
| 2020 | $3,827,222▲10.2% | $3,556,355▲19.9% | $4,245,316▲13.4% | $4,765,630▲19.9% | 990 |
| 2019 | $3,471,901▲23.0% | $2,965,068▲13.1% | $3,742,672▲21.6% | $3,975,122▲19.7% | 990 |
| 2018 | $2,823,681▲16.8% | $2,622,786▲21.6% | $3,077,672▲7.4% | $3,321,008▲8.4% | 990 |
| 2017 | $2,418,373▼6.9% | $2,156,171▲9.2% | $2,866,020▲11.5% | $3,064,969▲9.0% | 990 |
| 2016 | $2,597,238▲26.3% | $1,974,709▲6.5% | $2,569,904▲32.0% | $2,812,636▲18.4% | 990 |
| 2015 | $2,056,708▲2.9% | $1,854,812▲3.1% | $1,947,374▲15.6% | $2,375,277▲11.7% | 990 |
| 2014 | $1,998,838▲5.7% | $1,798,697▼9.5% | $1,684,775▲6.3% | $2,126,268▲4.7% | 990 |
| 2013 | $1,890,850 | $1,986,487▲4.2% | $1,585,513▲0.9% | $2,030,690▼0.8% | 990 |
| 2012 | — | $1,906,264▲6.6% | $1,571,634▲0.5% | $2,046,673▲4.3% | 990 |
| 2011 | — | $1,788,119▼12.2% | $1,563,423▲16.4% | $1,962,991▲5.9% | 990 |
| 2010 | — | $2,035,438▲23.2% | $1,343,402▲14.8% | $1,854,145▲14.6% | 990 |
| 2009 | — | $1,652,670 | $1,170,642 | $1,618,598 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Grants received · $4.0M total
33 grants to Genesis Center totaling $4.0M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| The Rhode Island Community Foundation | Es - economic security (primary) | 2024 | $210,500 |
| Local Initiatives Support Corporation | See part iv | 2024 | $55,004 |
| American Online Giving Foundation Inc | General support | 2024 | $8,929 |
| Local Initiatives Support Corporation | See part iv | 2023 | $309,283 |
| The Rhode Island Community Foundation | Economic security | 2023 | $273,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2023 | $6,500 |
| Local Initiatives Support Corporation | See part iv | 2022 | $306,203 |
| The Rhode Island Community Foundation | Career pathways expansion | 2022 | $140,000 |
| The Rhode Island Community Foundation | Student emergency fund | 2022 | $7,500 |
| Local Initiatives Support Corporation | See part iv | 2021 | $214,097 |
| The Rhode Island Community Foundation | Citizenship fee assistance fund; genesis center covid-19 response - ii; racial equity training to advance the mission and work of genesis center; career pathways expansion; student emergency fund; elc graduate gifts | 2021 | $177,500 |
| Coastal1 Credit Union | Charitable contributions | 2021 | $5,357 |
| Local Initiatives Support Corporation | See part iv | 2020 | $464,500 |
| The Rhode Island Community Foundation | Rebuilding community supports during covid-19 | 2020 | $74,946 |
| The Rhode Island Community Foundation | Rebuilding community supports during covid-19 | 2020 | $74,946 |
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Frequently asked questions
- Is Genesis Center a legitimate nonprofit?
- Yes. Genesis Center is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 22-3001721, based in Providence, Rhode Island. Donations are tax-deductible.
- What is Genesis Center's EIN?
- Genesis Center's Employer Identification Number (EIN) is 22-3001721.
- How much revenue does Genesis Center report?
- Genesis Center reported $4,773,613 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- What financial grade does Genesis Center have?
- CharityIndex grades Genesis Center B, based on financial health (reserves and operating margin).
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Data for Genesis Center (EIN 22-3001721) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.