Iambk

Analysis

Iambk is a registered charity in United States, based in Auburn, AL. It received its IRS tax-exemption ruling in February 2006, 20 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, Iambk reported income of $112k and spending of $101k, spending 90% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $47k to $112k (+138%), an average of +138% a year. The sharpest change came in the year to December 2023, when income rose by 138%. Over the whole period it spent 93% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Iambk sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 39th percentile within AL. Charities of a similar size with the same main cause include Phoenix Falcons Fencing Club Inc ($112k), Stillwater Youth Center Inc ($112k) and Hampton Delta Foundation Incorporated ($112k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 98% of the total. At year end it held assets of $18k against liabilities of $0, net assets of $18k.