Guitars Over Guns Organization Inc

Analysis

Guitars Over Guns Organization Inc is a registered charity in United States, based in Miami, FL. It received its IRS tax-exemption ruling in February 2014, 12 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, Guitars Over Guns Organization Inc reported income of $3.8m and spending of $3.5m, spending 93% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.6m to $3.8m (+141%), an average of +25% a year. The sharpest change came in the year to June 2020, when income rose by 45%. Over the whole period it spent 81% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Guitars Over Guns Organization Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 92nd percentile within FL. Charities of a similar size with the same main cause include Reformed Youth Movement Inc ($3.8m), Services of Hope Entities Inc ($3.8m) and Boys & Girls Club of Glasgow Barren County ($3.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 95% and program service revenue 3.9% of the total. Compensation of current officers, directors and key employees was $177k (5.1% of expenses). Other salaries and wages came to $1.2m. At year end it held assets of $3.2m against liabilities of $46k, net assets of $3.2m. It reported 26 employees.