Inspire Success Inc

Analysis

Inspire Success Inc is a registered charity in United States, based in Westfield, IN. It received its IRS tax-exemption ruling in April 2002, 24 years ago. Its declared purposes cover education, which this site groups under education and training. 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 August 2023, Inspire Success Inc reported income of $753k and spending of $834k, spending 111% of what it took in. Across the 5 years on record, from August 2019 to August 2023, income grew from $239k to $753k (+216%), an average of +33% a year. The sharpest change came in the year to August 2021, when income rose by 288%. Over the whole period it spent 119% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Inspire Success Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 76th percentile within IN. Charities of a similar size with the same main cause include Hillsboro School ($753k), Canterbury Classical School ($753k) and Salmonberry Country Day School ($753k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 57% and program service revenue 43% of the total. Compensation of current officers, directors and key employees was $75k (9.0% of expenses). Other salaries and wages came to $323k. At year end it held assets of $288k against liabilities of $160k, net assets of $128k. It reported 5 employees.