Generation Word Ministries

Analysis

Generation Word Ministries is a registered charity in United States, based in WDM, IA. It received its IRS tax-exemption ruling in February 2003, 23 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Generation Word Ministries reported income of $58k and spending of $45k, leaving 23% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $117k to $58k (-50%), an average of -50% a year. The sharpest change came in the year to December 2023, when income dropped by 50%. Over the whole period it spent 81% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Generation Word Ministries sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 20th percentile within IA. Charities of a similar size with the same main cause include Dhamma Joti Meditation Center ($58k), Seeking Evangelistic Association Ministries Inc ($58k) and Yuan Yuan Educational Foundation ($58k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $86k against liabilities of $0, net assets of $86k.