Generation Success

Analysis

Generation Success is a registered charity in United States, based in New Orleans, LA. It received its IRS tax-exemption ruling in April 2017, 9 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Generation Success reported income of $175k and spending of $142k, spending 81% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $233k to $175k (-25%), an average of -25% a year. The sharpest change came in the year to December 2023, when income dropped by 25%. Over the whole period it spent 87% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Generation Success sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 49th percentile within LA. Charities of a similar size with the same main cause include Association of Anesthesiologist Assistant Program Directors Inc ($175k), Ruidoso Jockey Club Foundation Inc ($175k) and Katy High School Band Booster Association ($175k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 48% of the total. Other salaries and wages came to $110k. At year end it held assets of $79k against liabilities of $0, net assets of $79k.