Generosity Childrens Fund Inc

Analysis

Generosity Childrens Fund Inc is a registered charity in United States, based in Lynchburg, VA. It received its IRS tax-exemption ruling in May 2020, 6 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Generosity Childrens Fund Inc reported income of $126k and spending of $121k, spending 96% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $69k to $126k (+83%), an average of +35% a year. The sharpest change came in the year to December 2022, when income rose by 41%. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Generosity Childrens Fund Inc sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 42nd percentile within VA. Charities of a similar size with the same main cause include Hartwood Placeinc ($126k), Regency House of Jackson Inc 1330 State Hwy 74 ($126k) and Control Alt Delete LLC ($126k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $5,008 against liabilities of $0, net assets of $5,008.