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Iron-Leg Corp

RegisteredEIN 85-4112200Lancaster, PAPoverty relief
Income$59k2023-09
Spending$22ksame year
Spent / received31%2-year average
Size in its cause20th pctPoverty relief
Exempt since2021Publicly supported organisat
Employees–latest return

Analysis

Iron-Leg Corp is a registered charity in United States, based in Lancaster, PA. It received its IRS tax-exemption ruling in August 2021, 5 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 September 2023, Iron-Leg Corp reported income of $59k and spending of $22k, leaving 63% of income unspent that year. Across the 2 years on record, from September 2022 to September 2023, income grew from $52k to $59k (+13%), an average of +13% a year. Over the whole period it spent 31% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Iron-Leg Corp sits at the 20th percentile: it is larger than about 20% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 22nd percentile within PA. Charities of a similar size with the same main cause include Bath Area Backpack Program ($59k), Neighbors Who Care Inc ($59k) and Underhound Railroad ($59k).

On its Form 990-EZ for the period ending September 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $94k against liabilities of $624, net assets of $93k.

Income and spending

$0$15k$29k$44k$59k2022 Income: $51,9532022 Spending: $12,12520222023 Income: $58,9102023 Spending: $22,0162023
IncomeSpending

Where the income comes from

  • Contributions & grants 100%
  • Other 0.2%

Similar-sized charities, same cause

CharityLocationIncome
Bath Area Backpack ProgramBath$59k
Neighbors Who Care IncWaltham$59k
Underhound RailroadRaleigh$59k
Sertoma IncLoveland$59k