Memorial 3gun Foundation

Analysis

Memorial 3gun Foundation is a registered charity in United States, based in Jacksonville, NC. It received its IRS tax-exemption ruling in February 2019, 7 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 December 2023, Memorial 3gun Foundation reported income of $621k and spending of $625k, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $291k to $621k (+113%), an average of +21% a year. The sharpest change came in the year to December 2020, when income rose by 79%. Over the whole period it spent 88% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Memorial 3gun Foundation sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 73rd percentile within NC. Charities of a similar size with the same main cause include Scott Cheerful Resident Corp ($621k), Arizona State Fire Training Committee Inc ($621k) and Twelve Days of Christmas Inc ($621k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% of the total. Other salaries and wages came to $46k. At year end it held assets of $101k against liabilities of $0, net assets of $101k. It reported 1 employees.