Charity Search / GENEROUS LIFE INC
Philanthropy & Grantmaking (T50) 990 on File

GENEROUS LIFE INC

EIN: 82-2393529 · RIDGEFIELD, CT 06877-4130 · United States · FY 2024 Data
3 out of 5 52 / 100 Based on 2+ years of filings
Financial strength (30%) 78/100
Reliability (20%) 45/100
Effectiveness (25%) 78/100
Impact (25%) No data yet
Financial data: FY 2024 · Scored 9/13/2026
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Financial Overview — FY 2024
$1.3M
Total Revenue
$1.3M
Total Expenses
$107K
Net Assets
3
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 85.0%
Fundraising Efficiency N/A
Operating Reserve 0.98x
Liability-to-Asset 30.2%
Revenue Diversification 100.0%
Executive Compensation $125K
Compared with Peers
FY 2024
Compared with 5,337 similar organizations (United States, Philanthropy & Grantmaking, $1M–$10M in expenses), FY 2024.
This organization Middle half of peers (P25–P75) Peer median
Ratio This org Peer median Position (P10 → P90)
Program expense ratio
Program expenses / total expenses · higher is better
85.0% 90.9%
P10P90
Below median
Admin expense ratio
Management and general / total expenses · lower is better
15.0% 8.3%
P10P90
Bottom quarter
Fundraising expense ratio
Fundraising expenses / total expenses · lower is better
0.0% 2.1%
P10P90
Top quarter
Operating reserve
Months of expenses covered by net assets · higher is better
1.0 mo 80.9 mo
P10P90
Bottom quarter
Liabilities to assets
Total liabilities / total assets · lower is better
30.2% 0.0%
P10P90
Bottom quarter
Revenue concentration
Share of revenue from the largest source · lower is better
100.0% 89.7%
P10P90
Bottom quarter
Surplus margin
Surplus as a share of revenue
-3.8% 2.5%
P10P90
Financial History
Year Revenue Expenses Net Assets Program % Staff
2024 $1.3M $1.3M $107K 85.0% 3
2022 $1.7M $1.4M $155K 85.2% 3
2021 $820K $833K N/A 4
2020 $784K $866K N/A 3
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Organization Details
EIN
82-2393529
State
CT
City
RIDGEFIELD
ZIP
06877-4130
Classification
T50
Category
Philanthropy & Grantmaking
Rating
3★
Coverage
A
Last Updated
Aug 2026
Form 990
On File
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