One Generation Away

Analysis

One Generation Away is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in September 2014, 12 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, One Generation Away reported income of $2.0m and spending of $1.8m, spending 90% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.6m to $2.0m (+28%), an average of +6.3% a year. The sharpest change came in the year to December 2022, when income rose by 17%. Over the whole period it spent 96% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, One Generation Away sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 67th percentile within DC. Charities of a similar size with the same main cause include Erie County Historical Society ($2.0m), Seattle Youth Symphony Orchestra ($2.0m) and Community Media Access Collaborative ($2.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $710k against liabilities of $0, net assets of $710k.