Generational Wealth Educators

Analysis

Generational Wealth Educators is a registered charity in United States, based in Charlotte, NC. It received its IRS tax-exemption ruling in October 2021, 5 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Generational Wealth Educators reported income of $120k and spending of $105k, spending 88% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $76k to $120k (+58%), an average of +58% a year. The sharpest change came in the year to December 2023, when income rose by 58%. Over the whole period it spent 78% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Generational Wealth Educators sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 39th percentile within NC. Charities of a similar size with the same main cause include Oraze PTO ($120k), Parent Booster USA Inc ($120k) and Parker Ranch Roundup Scholarship Club ($120k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 0.2% of the total. At year end it held assets of $43k against liabilities of $0, net assets of $43k.