Inspire Life Skills Training Inc

Analysis

Inspire Life Skills Training Inc is a registered charity in United States, based in Corona, CA. It received its IRS tax-exemption ruling in November 2005, 21 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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 Life Skills Training Inc reported income of $619k and spending of $695k, spending 112% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $560k to $619k (+10%), an average of +2.5% a year. The sharpest change came in the year to December 2022, when income rose by 41%. Over the whole period it spent 86% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Inspire Life Skills Training 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 73rd percentile, and in the 75th percentile within CA. Charities of a similar size with the same main cause include Sego Lily Center for the Abused Deaf ($619k), Maristan ($619k) and Operation Dawn ($618k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% and program service revenue 6.2% of the total. Compensation of current officers, directors and key employees was $94k (14% of expenses). Other salaries and wages came to $88k. At year end it held assets of $1.1m against liabilities of $337k, net assets of $731k. It reported 5 employees.