Ion Center for Violence Prevention Inc

Analysis

Ion Center for Violence Prevention Inc is a registered charity in United States, based in Covington, KY. It received its IRS tax-exemption ruling in September 1976, 50 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 June 2023, Ion Center for Violence Prevention Inc reported income of $5.6m and spending of $5.2m, spending 93% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $3.7m to $5.6m (+50%), an average of +11% a year. The sharpest change came in the year to June 2021, when income rose by 50%. Over the whole period it spent 95% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Ion Center for Violence Prevention Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 92nd percentile within KY. Charities of a similar size with the same main cause include Warrior Canine Connection Inc ($5.6m), Sunrisearc Inc ($5.6m) and Berkeley Therapy Institute ($5.6m).

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 $160k (3.1% of expenses). Other salaries and wages came to $3.0m. At year end it held assets of $5.5m against liabilities of $601k, net assets of $4.9m. It reported 114 employees.