Golden Generation Worship & Retreat Center Inc

Analysis

Golden Generation Worship & Retreat Center Inc is a registered charity in United States, based in Saylorsburg, PA. It received its IRS tax-exemption ruling in January 1994, 32 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 December 2023, Golden Generation Worship & Retreat Center Inc reported income of $1.6m and spending of $1.9m, spending 121% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.4m to $1.6m (+11%), an average of +2.6% a year. Over the whole period it spent 116% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Golden Generation Worship & Retreat Center Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 82nd percentile within PA. Charities of a similar size with the same main cause include North South Foundation ($1.6m), Georgetown Community School ($1.6m) and Newbury Park High School Booster Club ($1.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $274k. At year end it held assets of $5.1m against liabilities of $674k, net assets of $4.4m. It reported 5 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.