Leather and Iron

Analysis

Leather and Iron is a registered charity in United States, based in Siloam SPGS, AR. It received its IRS tax-exemption ruling in May 2019, 7 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, Leather and Iron reported income of $64k and spending of $70k, spending 110% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $67k to $64k (-4.4%), an average of -4.4% a year. Over the whole period it spent 128% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Leather and Iron sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 23rd percentile within AR. Charities of a similar size with the same main cause include Outlook Mountain Mission Incorporated ($64k), Federation E I L Incorporated ($64k) and A Turn to Hope ($64k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 84% of the total. At year end it held assets of $83k against liabilities of $0, net assets of $83k.