Smart Gen Society Inc

Analysis

Smart Gen Society Inc is a registered charity in United States, based in Omaha, NE. It received its IRS tax-exemption ruling in August 2016, 10 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, Smart Gen Society Inc reported income of $356k and spending of $679k, spending 191% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $726k to $356k (-51%), an average of -51% a year. The sharpest change came in the year to December 2023, when income dropped by 51%. Over the whole period it spent 89% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Smart Gen Society Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 64th percentile within NE. Charities of a similar size with the same main cause include Horizons New Jersey ($356k), Havana Community Development Corporation Inc ($356k) and Bayview Association for Youth ($356k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 79% and program service revenue 20% of the total. Other salaries and wages came to $386k. At year end it held assets of $213k against liabilities of $0, net assets of $213k. It reported 15 employees.