Little Iron Mom

Analysis

Little Iron Mom is a registered charity in United States, based in Cedar Falls, IA. It received its IRS tax-exemption ruling in March 2018, 8 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Little Iron Mom reported income of $173k and spending of $281k, spending 163% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $154k to $173k (+12%), an average of +12% a year. Over the whole period it spent 131% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Little Iron Mom sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 51st percentile within IA. Charities of a similar size with the same main cause include Breaking Chains Inc ($173k), Deliver Me Senior Support Services ($173k) and Montana on a Mission ($173k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 92% of the total. Compensation of current officers, directors and key employees was $61k (22% of expenses). Other salaries and wages came to $146k. At year end it held assets of $45k against liabilities of $709, net assets of $44k. It reported 5 employees.