Inspire Women
Analysis
Inspire Women is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in June 2003, 23 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 December 2023, Inspire Women reported income of $1.0m and spending of $1.4m, spending 138% of what it took in. Across the 6 years on record, from December 2018 to December 2023, income fell from $1.3m to $1.0m (-20%), an average of -4.4% a year. The sharpest change came in the year to December 2022, when income rose by 18%. 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, Inspire Women 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 79th percentile, and in the 83rd percentile within TX. Charities of a similar size with the same main cause include North Mecklenburg Child Development Association Inc ($1.0m), Sara Marie School ($1.0m) and Learning Club of KCK ($1.0m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 51% of the total. Compensation of current officers, directors and key employees was $229k (16% of expenses). Other salaries and wages came to $490k. At year end it held assets of $18.4m against liabilities of $889k, net assets of $17.5m. It reported 9 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.
Income and spending
Where the income comes from
- Contributions & grants 51%
- Other 49%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| North Mecklenburg Child Development Association Inc | Davidson | $1.0m |
| Sara Marie School | Clifton Park | $1.0m |
| Learning Club of KCK | Kansas City | $1.0m |
| Citec Inc | Potsdam | $1.0m |