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Filing year 2024

IRON SHARPENS IRON MINISTRIES INC

Utopia, Texas·EIN 20-0727122·NTEE X20 · Religion-Related·3
Total revenue
$1.6M
Total assets
$1.9M
Total expenses
$1.5M
Reported officers
3
Mission

TO ENCOURAGE PERSONAL SPIRITUAL DEVELOPMENT IN THE CHRISTIAN FAITH.

Executive compensation, broken down

Form 990 · Schedule J · 1 reported individual · Filing year 2024

Percentile bands compare each position's total pay with the same role at Religion-Related organizations in Texas.

President
Above 90th percentile
$354k
$376k
Base
$190k
Bonus
Other
$120k
Benefits
$44k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 2 unpaid individuals.

Browse compensation in Religion-Related

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at IRON SHARPENS IRON MINISTRIES INC equaled 24% of the organization's total expenses. The median for religion-related organizations is 17%.

This organization (2024)
24%
Sector median
17%
Middle half of sector
8% to 34%

Based on 10,667 religion-related organizations, each measured at its most recent filing year with reported expenses and compensation.

Up 16%
from 2023

From $304k in 2023 to $354k in 2024.

$304k
2023
$354k
2024
In today's dollarsEst.
Up 13% in real terms$332k to $376k

Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Chief Executive Officer pay rose 16% from 2023 to 2024, while revenue rose 1%.

$304k in 2023 to $354k in 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about IRON SHARPENS IRON MINISTRIES INC

What does the Chief Executive Officer of IRON SHARPENS IRON MINISTRIES INC earn?

In 2024, the Chief Executive Officer of IRON SHARPENS IRON MINISTRIES INC received $354,060 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among Religion-Related organizations in Texas: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Chief Executive Officer pay at IRON SHARPENS IRON MINISTRIES INC compare with similar nonprofits?

Compared with the same role at Religion-Related organizations in Texas, the 2024 pay of the Chief Executive Officer at IRON SHARPENS IRON MINISTRIES INC falls in the top 10%. In 2024, the highest total compensation at IRON SHARPENS IRON MINISTRIES INC equaled 24% of the organization's total expenses. The median for religion-related organizations is 17%.

What are IRON SHARPENS IRON MINISTRIES INC's revenue and expenses?

In 2024, IRON SHARPENS IRON MINISTRIES INC reported $1.6M in total revenue and $1.5M in total expenses on its IRS Form 990.

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