Iron-Leg Corp
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
Where the income comes from
- Contributions & grants 100%
- Other 0.2%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Bath Area Backpack Program | Bath | $59k |
| Neighbors Who Care Inc | Waltham | $59k |
| Underhound Railroad | Raleigh | $59k |
| Sertoma Inc | Loveland | $59k |