Stop Handgun Violence Inc

Analysis

Stop Handgun Violence Inc is a registered charity in United States, based in Beverly, MA. It received its IRS tax-exemption ruling in June 1995, 31 years ago. Its declared purposes cover crime and legal-related, which this site groups under human rights and equality. 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 June 2023, Stop Handgun Violence Inc reported income of $125k and spending of $109k, spending 87% of its income. Across the 4 years on record, from June 2020 to June 2023, income fell from $274k to $125k (-54%), an average of -23% a year. The sharpest change came in the year to June 2022, when income rose by 93%. Over the whole period it spent 96% of the income it received.

Among 9,611 United States charities whose main cause is human rights and equality and that reported income, Stop Handgun Violence Inc sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 48th percentile within MA. Charities of a similar size with the same main cause include Santa Monica Black Lives Association ($125k), Butler County Childrens Advocacy Center Inc ($125k) and Citizen Advocacy Center ($125k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $56k (52% of expenses). At year end it held assets of $117k against liabilities of $0, net assets of $117k. It reported 2 employees.