Generation - You Employed Inc
Analysis
Generation - You Employed Inc is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in October 2014, 12 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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 - You Employed Inc reported income of $25.8m and spending of $28.9m, spending 112% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $26.1m to $25.8m (-1.4%), an average of -0.4% a year. The sharpest change came in the year to December 2022, when income rose by 92%. Over the whole period it spent 90% of the income it received.
Among 14,332 United States charities whose main cause is children and youth development and that reported income, Generation - You Employed Inc sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 95th percentile within DC. Charities of a similar size with the same main cause include Girl Scouts of Greater Los Angeles ($25.7m), Girl Scouts of Central Indiana Inc ($26.2m) and Boys & Girls Club of Martin County Inc ($25.5m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 93% and program service revenue 3.9% of the total. Compensation of current officers, directors and key employees was $1.6m (5.6% of expenses). Other salaries and wages came to $8.0m. At year end it held assets of $31.7m against liabilities of $1.1m, net assets of $30.7m. It reported 103 employees.
Income and spending
Where the income comes from
- Contributions & grants 93%
- Program services 3.9%
- Other 2.9%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Girl Scouts of Greater Los Angeles | Inglewood | $25.7m |
| Girl Scouts of Central Indiana Inc | Indianapolis | $26.2m |
| Boys & Girls Club of Martin County Inc | Hobe Sound | $25.5m |
| Future Farmers of America State Associations & Local Chapter | Indianapolis | $26.3m |