International Generosity Foundation Trust
Analysis
International Generosity Foundation Trust is a registered charity in United States, based in Clearwater, FL. It received its IRS tax-exemption ruling in March 2020, 6 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, International Generosity Foundation Trust reported income of $160.3m and spending of $107.8m, leaving 33% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $51.5m to $160.3m (+211%), an average of +33% a year. The sharpest change came in the year to December 2021, when income rose by 154%. Over the whole period it spent 60% of the income it received.
Among 31,138 United States charities whose main cause is religion and that reported income, International Generosity Foundation Trust sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 100th percentile, and in the 100th percentile within FL. Charities of a similar size with the same main cause include Christian Aid Ministries ($148.0m), Gospel Light Mennonite Church Medical Aid Plan Inc ($196.8m) and In Touch Ministries Inc ($133.5m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 74% of the total. At year end it held assets of $130.9m against liabilities of $252k, net assets of $130.7m.
Income and spending
Where the income comes from
- Contributions & grants 74%
- Other 26%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Christian Aid Ministries | Berlin | $148.0m |
| Gospel Light Mennonite Church Medical Aid Plan Inc | Canton | $196.8m |
| In Touch Ministries Inc | Atlanta | $133.5m |
| Mercy Health East Communities | Chesterfield | $248.9m |