General Breed Fund

Analysis

General Breed Fund is a registered charity in United States, based in Pittsford, VT. It received its IRS tax-exemption ruling in June 1970, 56 years ago. 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, General Breed Fund reported income of $113k and spending of $164k, spending 145% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income grew from $65k to $113k (+73%), an average of +20% a year. The sharpest change came in the year to December 2022, when income rose by 58%. Over the whole period it spent 147% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, General Breed Fund sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 30th percentile within VT. Charities of a similar size with the same main cause include Dallas Goethe Center Inc ($113k), Vertical Flight Foundation ($113k) and Historic New Carlisle Incorporated ($113k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 93% of the total. At year end it held assets of $439k against liabilities of $0, net assets of $439k.

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.