Generosity Rocks

Analysis

Generosity Rocks is a registered charity in United States, based in Franklin, TN. It received its IRS tax-exemption ruling in May 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 2022, Generosity Rocks reported income of $157k and spending of $167k, spending 106% of what it took in. Across the 3 years on record, from December 2019 to December 2022, income fell from $183k to $157k (-14%), an average of -7.4% a year. The sharpest change came in the year to December 2022, when income dropped by 20%. Over the whole period it spent 84% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Generosity Rocks sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 49th percentile within TN. Charities of a similar size with the same main cause include Salt and Light Ministries ($157k), Seek and Save Inc ($157k) and Hallelujah Outreach Ministries ($157k).

On its Form 990-EZ for the period ending December 2022, revenue came from contributions and grants 100% of the total. At year end it held assets of $133k against liabilities of $0, net assets of $133k.