Generation Life Inc
Analysis
Generation Life Inc is a registered charity in United States, based in Meridian, ID. It received its IRS tax-exemption ruling in December 2006, 20 years ago. Its declared purposes cover civil rights, social action and advocacy, which this site groups under human rights and equality. 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, Generation Life Inc reported income of $1.6m and spending of $1.3m, spending 82% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $725k to $1.6m (+120%), an average of +22% a year. The sharpest change came in the year to December 2021, when income rose by 102%. Over the whole period it spent 62% of the income it received.
Among 9,611 United States charities whose main cause is human rights and equality and that reported income, Generation Life Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 87th percentile within ID. Charities of a similar size with the same main cause include Insideout Writers Inc ($1.6m), Endowment for Equal Justice ($1.6m) and Oar of Richmond Inc ($1.6m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 86% of the total. Compensation of current officers, directors and key employees was $92k (7.1% of expenses). Other salaries and wages came to $415k. At year end it held assets of $3.2m against liabilities of $15k, net assets of $3.1m. It reported 19 employees.
Income and spending
Where the income comes from
- Contributions & grants 86%
- Other 14%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Insideout Writers Inc | Los Angeles | $1.6m |
| Endowment for Equal Justice | Seattle | $1.6m |
| Oar of Richmond Inc | Richmond | $1.6m |
| Victory Project | Dayton | $1.6m |