Iron Kite International

Analysis

Iron Kite International is a registered charity in United States, based in Charlotte, NC. It received its IRS tax-exemption ruling in August 2015, 11 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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 Kite International reported income of $85k and spending of $83k, spending 98% of its income. Across the 3 years on record, from December 2021 to December 2023, income fell from $281k to $85k (-70%), an average of -45% a year. The sharpest change came in the year to December 2022, when income dropped by 67%. Over the whole period it spent 84% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Iron Kite International sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 30th percentile within NC. Charities of a similar size with the same main cause include Tanzania Education Fund Inc ($84k), Romanian Handicapped Ministries Inc ($85k) and Better World Fund ($84k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $68k (82% of expenses). At year end it held assets of $8,837 against liabilities of $0, net assets of $8,837. It reported 1 employees.