Generations Ahead

Analysis

Generations Ahead is a registered charity in United States, based in Traverse City, MI. It received its IRS tax-exemption ruling in July 2020, 6 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, Generations Ahead reported income of $412k and spending of $354k, spending 86% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $250k to $412k (+65%), an average of +18% a year. The sharpest change came in the year to December 2022, when income rose by 45%. Over the whole period it spent 73% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Generations Ahead sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 67th percentile within MI. Charities of a similar size with the same main cause include A Childs Delight Too Inc ($412k), Tensas Council on the Aging Inc ($412k) and My Sisters Closet of Monroe County Inc ($412k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% and program service revenue 0.2% of the total. Other salaries and wages came to $221k. At year end it held assets of $353k against liabilities of $780, net assets of $352k. It reported 7 employees.