Generation Spirit

Analysis

Generation Spirit is a registered charity in United States, based in Coralville, IA. It received its IRS tax-exemption ruling in September 2009, 17 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 April 2024, Generation Spirit reported income of $127k and spending of $126k, spending 99% of its income. Across the 3 years on record, from April 2022 to April 2024, income grew from $121k to $127k (+5.2%), an average of +2.6% a year. The sharpest change came in the year to April 2023, when income rose by 43%. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Generation Spirit sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 43rd percentile within IA. Charities of a similar size with the same main cause include Peoples Kitchen Philly ($127k), Lifeline Pregnancy Care Center Inc ($127k) and Breaking Barriers for Kids and Families ($127k).

On its Form 990-EZ for the period ending April 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $30k against liabilities of $0, net assets of $30k.