Iron Spike Inc

Analysis

Iron Spike Inc is a registered charity in United States, based in Washington, MO. It received its IRS tax-exemption ruling in May 2015, 11 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 February 2024, Iron Spike Inc reported income of $148k and spending of $150k, spending 101% of its income. Across the 2 years on record, from February 2023 to February 2024, income fell from $189k to $148k (-22%), an average of -22% a year. The sharpest change came in the year to February 2024, when income dropped by 22%. Over the whole period it spent 83% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Iron Spike Inc sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 44th percentile within MO. Charities of a similar size with the same main cause include Dancing Rabbit Music Association ($148k), Ballet and Beyond NYC Inc ($148k) and School Science & Mathematics Association Inc ($148k).

On its Form 990-EZ for the period ending February 2024, revenue came from contributions and grants 55% and program service revenue 23% of the total. At year end it held assets of $495k against liabilities of $452k, net assets of $43k.