Inspire International

Analysis

Inspire International is a registered charity in United States, based in Richmond, VA. It received its IRS tax-exemption ruling in June 2005, 21 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 International reported income of $347k and spending of $429k, spending 124% of what it took in. Across the 5 years on record, from December 2018 to December 2023, income grew from $327k to $347k (+6.0%), an average of +1.5% a year. The sharpest change came in the year to December 2019, when income rose by 60%. Over the whole period it spent 100% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Inspire International sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 64th percentile within VA. Charities of a similar size with the same main cause include Catholics Come Home Inc ($347k), Cottage Cove Co ($347k) and Serving Alongside Ministry ($347k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $157k (36% of expenses). Other salaries and wages came to $53k. At year end it held assets of $105k against liabilities of $21k, net assets of $84k. It reported 4 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.