Generosityprojects

Analysis

Generosityprojects is a registered charity in United States, based in Saint Louis, MO. It received its IRS tax-exemption ruling in October 2021, 5 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, Generosityprojects reported income of $170k and spending of $172k, spending 101% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $270k to $170k (-37%), an average of -37% a year. The sharpest change came in the year to December 2023, when income dropped by 37%. Over the whole period it spent 104% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Generosityprojects sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 47th percentile within MO. Charities of a similar size with the same main cause include Beis Community Inc ($170k), Mercy for All Nations Inc ($170k) and Holy Family Apostolate Corporation ($170k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $29k against liabilities of $0, net assets of $29k.