Generation X Community Association Inc

Analysis

Generation X Community Association Inc is a registered charity in United States, based in Piscataway, NJ. It received its IRS tax-exemption ruling in January 2014, 12 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 X Community Association Inc reported income of $79k and spending of $87k, spending 110% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $125k to $79k (-37%), an average of -37% a year. The sharpest change came in the year to December 2023, when income dropped by 37%. Over the whole period it spent 99% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Generation X Community Association Inc sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 38th percentile within NJ. Charities of a similar size with the same main cause include Beauty for Ashes Isaiah 61 ($79k), Iglesia Cristiana El Shaddai USA ($79k) and Into the Open Door Inc ($79k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 85% of the total. At year end it held assets of $9,495 against liabilities of $5,049, net assets of $4,446.