Inspired Communities Foundation

Analysis

Inspired Communities Foundation is a registered charity in United States, based in Timbo, AR. It received its IRS tax-exemption ruling in April 2023, 3 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Inspired Communities Foundation reported income of $321k and spending of $355k, spending 111% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income grew from $310k to $321k (+3.3%), an average of +0.6% a year. Over the whole period it spent 101% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Inspired Communities Foundation sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 64th percentile within AR. Charities of a similar size with the same main cause include Council of Public Liberal Arts College ($321k), Fostoria Learning Center Inc ($321k) and Brooklyn Queens Land Trust ($321k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 1.1% and program service revenue 99% of the total. Compensation of current officers, directors and key employees was $69k (20% of expenses). Other salaries and wages came to $183k. At year end it held assets of $14k against liabilities of $25k, net assets of -$11k. It reported 10 employees.