Generations for Peace Inc

Analysis

Generations for Peace Inc is a registered charity in United States, based in Nashville, TN. It received its IRS tax-exemption ruling in January 2014, 12 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Generations for Peace Inc reported income of $413k and spending of $495k, spending 120% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $455k to $413k (-9.2%), an average of -4.7% a year. Over the whole period it spent 76% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Generations for Peace Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 68th percentile within TN. Charities of a similar size with the same main cause include Guthrie County Hospital Foundation ($413k), Governors Public Building Foundation Inc ($413k) and Community United Services Inc ($413k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $313k. At year end it held assets of $40k against liabilities of $24k, net assets of $16k. It reported 3 employees.