General Assembly

Analysis

General Assembly is a registered charity in United States, based in Cincinnati, OH. It received its IRS tax-exemption ruling in April 1979, 47 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 2022, General Assembly reported income of $215k and spending of $320k, spending 149% of what it took in. Across the 4 years on record, from December 2019 to December 2022, income fell from $519k to $215k (-59%), an average of -26% a year. The sharpest change came in the year to December 2020, when income dropped by 47%. Over the whole period it spent 131% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, General Assembly sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 55th percentile within OH. Charities of a similar size with the same main cause include First Baptist Church of Hudson ($215k), Christ Child Society of Fort Wayne ($215k) and National Japanese American Memorial Foundation ($215k).

On its Form 990 for the period ending December 2022, revenue came from program service revenue 102% of the total. Other salaries and wages came to $123k. At year end it held assets of $115k against liabilities of $8,165, net assets of $107k. It reported 85 employees.

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.