Iron Mike Foundation

Analysis

Iron Mike Foundation is a registered charity in United States, based in Trenton, NJ. It received its IRS tax-exemption ruling in January 2014, 12 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2023, Iron Mike Foundation reported income of $171k and spending of $361k, spending 211% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income grew from $106k to $171k (+62%), an average of +17% a year. The sharpest change came in the year to June 2021, when income rose by 308%. Over the whole period it spent 236% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Iron Mike Foundation sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 58th percentile within NJ. Charities of a similar size with the same main cause include Commission for Oceti Sakowin Accreditation ($171k), Show Me the World Project ($171k) and Nhste ($171k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 106% of the total. At year end it held assets of $5,854 against liabilities of $1,750, net assets of $4,104.