Generosity Foundation

Analysis

Generosity Foundation is a registered charity in United States, based in Reston, VA. It received its IRS tax-exemption ruling in March 2019, 7 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Generosity Foundation reported income of $284k and spending of $284k, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $347k to $284k (-18%), an average of -4.8% a year. The sharpest change came in the year to December 2022, when income dropped by 52%. Over the whole period it spent 86% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Generosity Foundation sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 60th percentile within VA. Charities of a similar size with the same main cause include Blind Faith Ministries Inc ($284k), Refuge on the Ridge ($284k) and Serra International ($284k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. At year end it held assets of $564k against liabilities of $0, net assets of $564k.