Guns N Hoses Foundation

Analysis

Guns N Hoses Foundation is a registered charity in United States, based in Garland, TX. It received its IRS tax-exemption ruling in November 2004, 22 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 September 2023, Guns N Hoses Foundation reported income of $369k and spending of $460k, spending 125% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income grew from $293k to $369k (+26%), an average of +5.9% a year. The sharpest change came in the year to September 2021, when income rose by 57%. Over the whole period it spent 90% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Guns N Hoses Foundation sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 70th percentile within TX. Charities of a similar size with the same main cause include Inspire-Nj a NJ Nonprofit Corp ($369k), Seniors VS Crime Inc ($369k) and Abode for Children Inc ($369k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 42% of the total. Other salaries and wages came to $26k. At year end it held assets of $821k against liabilities of $0, net assets of $821k. It reported 14 employees.