It Wont Happen to Me Inc

Analysis

It Wont Happen to Me Inc is a registered charity in United States, based in Grayson, GA. It received its IRS tax-exemption ruling in December 2009, 17 years ago. Its declared purposes cover crime and legal-related, which this site groups under human rights and equality. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2022, It Wont Happen to Me Inc reported income of $350k and spending of $329k, spending 94% of its income. Across the 4 years on record, from December 2019 to December 2022, income fell from $394k to $350k (-11%), an average of -3.9% a year. The sharpest change came in the year to December 2020, when income dropped by 44%. Over the whole period it spent 100% of the income it received.

Among 9,611 United States charities whose main cause is human rights and equality and that reported income, It Wont Happen to Me Inc sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 68th percentile within GA. Charities of a similar size with the same main cause include Sanilac Area Violence Elimination Council ($350k), American Freedom Alliance ($350k) and Capital District Gay & Lesbian Community Council Inc ($350k).

On its Form 990 for the period ending December 2022, revenue came from program service revenue 91% of the total. Compensation of current officers, directors and key employees was $131k (40% of expenses). Other salaries and wages came to $35k. At year end it held assets of $27k against liabilities of $17k, net assets of $9,873. It reported 6 employees.