Iron Lives Inc

Analysis

Iron Lives Inc is a registered charity in United States, based in Lynchburg, VA. It received its IRS tax-exemption ruling in June 2014, 12 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. 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, Iron Lives Inc reported income of $204k and spending of $200k, spending 98% of its income. Across the 3 years on record, from December 2020 to December 2023, income grew from $195k to $204k (+4.8%), an average of +2.4% a year. The sharpest change came in the year to December 2023, when income rose by 51%. Over the whole period it spent 87% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Iron Lives Inc sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 54th percentile within VA. Charities of a similar size with the same main cause include Kingwood Dance Theatre ($204k), Massachusetts Peace Action Education Fund ($204k) and Good News Evangelistic Fellowship Inc ($204k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Other salaries and wages came to $93k. At year end it held assets of $51k against liabilities of $0, net assets of $51k.