Generacion Floreciente

Analysis

Generacion Floreciente is a registered charity in United States, based in Ogden, UT. It received its IRS tax-exemption ruling in November 2011, 15 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2023, Generacion Floreciente reported income of $6.2m and spending of $6.2m, spending 100% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $4.5m to $6.2m (+39%), an average of +8.6% a year. Over the whole period it spent 92% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Generacion Floreciente sits at the 91st percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 93rd percentile within UT. Charities of a similar size with the same main cause include Mikva Challenge Grant Foundation Inc ($6.2m), Weilenmann School of Discovery ($6.2m) and Florida High School for Accelerated Learning - Miami-Dade Campus ($6.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 98% and program service revenue 0.2% of the total. Compensation of current officers, directors and key employees was $161k (2.6% of expenses). Other salaries and wages came to $3.2m. At year end it held assets of $11.3m against liabilities of $8.9m, net assets of $2.4m. It reported 113 employees.