Generous Heart

Analysis

Generous Heart is a registered charity in United States, based in Federal Way, WA. It received its IRS tax-exemption ruling in March 2019, 7 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, Generous Heart reported income of $60k and spending of $48k, spending 80% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $63k to $60k (-4.0%), an average of -4.0% a year. Over the whole period it spent 75% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Generous Heart sits at the 21st percentile: it is larger than about 21% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 18th percentile within WA. Charities of a similar size with the same main cause include Ephraim Orphan Foundation ($60k), Blue Sky Surgical Inc ($60k) and Taiwan Culture Center Inc ($60k).

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 $38k against liabilities of $0, net assets of $38k.