Inspire S-Ve Inc

Analysis

Inspire S-Ve Inc is a registered charity in United States, based in Spencer, NY. It received its IRS tax-exemption ruling in August 2001, 25 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, Inspire S-Ve Inc reported income of $181k and spending of $185k, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $56k to $181k (+221%), an average of +34% a year. The sharpest change came in the year to December 2023, when income rose by 123%. Over the whole period it spent 86% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Inspire S-Ve Inc sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 49th percentile within NY. Charities of a similar size with the same main cause include Maines Youth Fish and Game Association ($181k), Sparrows Nest Inc ($181k) and A Leadership Journey ($180k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 83% and program service revenue 14% of the total. Compensation of current officers, directors and key employees was $17k (9.4% of expenses). At year end it held assets of $585k against liabilities of $19k, net assets of $566k. It reported 1 employees.