Inspire Inc

Analysis

Inspire Inc is a registered charity in United States, based in Phoenix, AZ. It received its IRS tax-exemption ruling in February 2015, 11 years ago. Its declared purposes cover health care, 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 Inc reported income of $3.4m and spending of $3.2m, spending 93% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.6m to $3.4m (+30%), an average of +6.8% a year. Over the whole period it spent 96% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Inspire Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 88th percentile within AZ. Charities of a similar size with the same main cause include Trauma Research Foundation Inc ($3.4m), Texas Palliative Care ($3.4m) and Cabell Huntington Hospital Foundation Inc ($3.4m).

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 $120k (3.8% of expenses). Other salaries and wages came to $2.5m. At year end it held assets of $1.2m against liabilities of $167k, net assets of $1.0m. It reported 133 employees.