Generation Next Inc

Analysis

Generation Next Inc is a registered charity in United States, based in Branson, MO. It received its IRS tax-exemption ruling in May 2011, 15 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 December 2023, Generation Next Inc reported income of $647k and spending of $706k, spending 109% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $304k to $647k (+113%), an average of +21% a year. The sharpest change came in the year to December 2020, when income rose by 92%. Over the whole period it spent 105% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Generation Next Inc sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 72nd percentile within MO. Charities of a similar size with the same main cause include Deaf Overcoming Violence Through Empowerment - D O V E ($647k), Long Beach Christian Day Care Center ($647k) and Hosanna ($646k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 31% of the total. Compensation of current officers, directors and key employees was $30k (4.2% of expenses). At year end it held assets of $362k against liabilities of $250k, net assets of $112k.