Iron Range Trail Club Inc

Analysis

Iron Range Trail Club Inc is a registered charity in United States, based in Iron River, MI. It received its IRS tax-exemption ruling in April 2006, 20 years ago. Its declared purposes cover environment, which this site groups under environment and conservation. 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 2023, Iron Range Trail Club Inc reported income of $125k and spending of $141k, spending 113% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $86k to $125k (+45%), an average of +9.7% a year. The sharpest change came in the year to December 2020, when income rose by 282%. Over the whole period it spent 119% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Iron Range Trail Club Inc 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 43rd percentile, and in the 42nd percentile within MI. Charities of a similar size with the same main cause include Idaho Foundation for Parks and Lands ($125k), Seres Global ($125k) and Transition US ($125k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 3.6% and program service revenue 94% of the total. At year end it held assets of $287k against liabilities of $0, net assets of $287k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.