Generations Health Association Inc

Analysis

Generations Health Association Inc is a registered charity in United States, based in McMinnville, TN. It received its IRS tax-exemption ruling in September 1994, 32 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, Generations Health Association Inc reported income of $16.3m and spending of $15.4m, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $12.6m to $16.3m (+29%), an average of +6.6% a year. Over the whole period it spent 90% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Generations Health Association Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within TN. Charities of a similar size with the same main cause include Mosaic Senior Services Inc ($16.3m), Upper Room AIDS Ministry Inc Adult Day Health Care Center ($16.3m) and Parkland Foundation ($16.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 3.5% and program service revenue 96% of the total. Compensation of current officers, directors and key employees was $781k (5.1% of expenses). Other salaries and wages came to $8.5m. At year end it held assets of $14.5m against liabilities of $1.8m, net assets of $12.6m. It reported 322 employees.