Generous House Knoxville

Analysis

Generous House Knoxville is a registered charity in United States, based in Knoxville, TN. It received its IRS tax-exemption ruling in October 2018, 8 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 House Knoxville reported income of $86k and spending of $73k, spending 85% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $42k to $86k (+107%), an average of +107% a year. The sharpest change came in the year to December 2023, when income rose by 107%. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Generous House Knoxville sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 32nd percentile within TN. Charities of a similar size with the same main cause include Association of Oregon Centers for Independent Living ($86k), Dutchess County Pride Center Inc ($86k) and Christian Community Benevolent Association Inc ($86k).

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 $17k against liabilities of $256, net assets of $17k.