Gun Owners Foundation

Analysis

Gun Owners Foundation is a registered charity in United States, based in Springfield, VA. It received its IRS tax-exemption ruling in June 1983, 43 years ago. 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, Gun Owners Foundation reported income of $810k and spending of $399k, leaving 51% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $366k to $810k (+122%), an average of +22% a year. The sharpest change came in the year to December 2021, when income rose by 77%. Over the whole period it spent 48% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Gun Owners Foundation sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 77th percentile within VA. Charities of a similar size with the same main cause include East End Arts & Humanities Council ($810k), Abilene Philharmonic Association ($810k) and Tantone Industries Inc ($810k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $78k (19% of expenses). At year end it held assets of $2.1m against liabilities of $34k, net assets of $2.1m. It reported 3 employees.