Guitars Not Guns

Analysis

Guitars Not Guns is a registered charity in United States, based in Elkton, MD. It received its IRS tax-exemption ruling in October 2000, 26 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 December 2023, Guitars Not Guns reported income of $94k and spending of $80k, spending 85% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $63k to $94k (+49%), an average of +11% a year. The sharpest change came in the year to December 2021, when income rose by 285%. Over the whole period it spent 85% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Guitars Not Guns sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 37th percentile within MD. Charities of a similar size with the same main cause include Put on the Cape a Foundation for Hope ($94k), Grow LA Crosse Inc ($94k) and LHCLB ($94k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% and program service revenue 3.5% of the total. At year end it held assets of $48k against liabilities of $0, net assets of $48k.