Generations for Life Inc

Analysis

Generations for Life Inc is a registered charity in United States, based in Lakewood, NJ. It received its IRS tax-exemption ruling in July 2019, 7 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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, Generations for Life Inc reported income of $293k and spending of $299k, spending 102% of its income. Across the 4 years on record, from December 2019 to December 2023, income grew from $217k to $293k (+35%), an average of +10% a year. The sharpest change came in the year to December 2021, when income rose by 27%. Over the whole period it spent 105% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Generations for Life Inc sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 68th percentile within NJ. Charities of a similar size with the same main cause include Brian Dagle Foundation Inc ($293k), Surgical Infection Society ($293k) and North Central Alabama Association for Alcoholism ($293k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 65% and program service revenue 35% of the total. At year end it held assets of $5,007 against liabilities of $15k, net assets of -$10k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.