Ironbull Inc

Analysis

Ironbull Inc is a registered charity in United States, based in Wausau, WI. It received its IRS tax-exemption ruling in June 2019, 7 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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, Ironbull Inc reported income of $229k and spending of $208k, spending 90% of its income. Across the 3 years on record, from December 2019 to December 2023, income fell from $305k to $229k (-25%), an average of -13% a year. The sharpest change came in the year to December 2022, when income dropped by 40%. Over the whole period it spent 77% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Ironbull Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 56th percentile within WI. Charities of a similar size with the same main cause include Burtonsville Athletic Association Inc ($229k), Ashland Youth Soccer Inc ($230k) and Camp Cherith of Western New York Inc ($229k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 42% and program service revenue 58% of the total. Compensation of current officers, directors and key employees was $36k (17% of expenses). Other salaries and wages came to $42k. At year end it held assets of $132k against liabilities of $128, net assets of $132k. It reported 5 employees.