Tip of the Spear Landmine Removal Inc

Analysis

Tip of the Spear Landmine Removal Inc is a registered charity in United States, based in Pace, FL. It received its IRS tax-exemption ruling in October 2022, 4 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 December 2023, Tip of the Spear Landmine Removal Inc reported income of $378k and spending of $350k, spending 93% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $101k to $378k (+273%), an average of +273% a year. The sharpest change came in the year to December 2023, when income rose by 273%. Over the whole period it spent 79% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Tip of the Spear Landmine Removal Inc sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 68th percentile within FL. Charities of a similar size with the same main cause include Grayhawk Classic Residents Foundation ($378k), Alamance Citizens for a Drug Free Community ($378k) and Frostproof Care Center Inc ($378k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $55k (16% of expenses). At year end it held assets of $115k against liabilities of $0, net assets of $115k. It reported 1 employees.