Rescue a Generation Inc

Analysis

Rescue a Generation Inc is a registered charity in United States, based in SN Bernrdno, CA. It received its IRS tax-exemption ruling in May 2023, 3 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Rescue a Generation Inc reported income of $1.5m and spending of $1.4m, spending 90% of its income. Across the 4 years on record, from December 2019 to December 2023, income grew from $190k to $1.5m (+703%), an average of +100% a year. The sharpest change came in the year to December 2022, when income rose by 221%. Over the whole period it spent 97% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Rescue a Generation Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 84th percentile within CA. Charities of a similar size with the same main cause include North Platte Catholic Shools Endowment-Trust Inc ($1.5m), The Expectations Project Inc ($1.5m) and Swim with Mike Foundation ($1.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 6.9% and program service revenue 93% of the total. Compensation of current officers, directors and key employees was $158k (11% of expenses). Other salaries and wages came to $633k. At year end it held assets of $287k against liabilities of $213k, net assets of $75k.