Iron County Care and Share

Analysis

Iron County Care and Share is a registered charity in United States, based in Cedar City, UT. It received its IRS tax-exemption ruling in June 1986, 40 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 2022, Iron County Care and Share reported income of $1.3m and spending of $1.5m, spending 113% of what it took in. Across the 4 years on record, from December 2019 to December 2022, income fell from $1.9m to $1.3m (-30%), an average of -11% a year. The sharpest change came in the year to December 2022, when income dropped by 21%. Over the whole period it spent 98% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Iron County Care and Share sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 81st percentile within UT. Charities of a similar size with the same main cause include Emeryville Senior Housing Inc ($1.3m), Key Haven Families Inc ($1.3m) and Impact Community Development Corporation ($1.3m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $82k (5.5% of expenses). Other salaries and wages came to $618k. At year end it held assets of $1.3m against liabilities of $38k, net assets of $1.3m. It reported 43 employees.