Aspiro Inc

Analysis

Aspiro Inc is a registered charity in United States, based in Green Bay, WI. It received its IRS tax-exemption ruling in January 1995, 31 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 December 2023, Aspiro Inc reported income of $8.3m and spending of $6.5m, leaving 21% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $6.5m to $8.3m (+28%), an average of +6.4% a year. Over the whole period it spent 80% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Aspiro Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 95th percentile within WI. Charities of a similar size with the same main cause include Ocean Charter School ($8.3m), The Christ School Inc ($8.3m) and Delta Gamma Foundation ($8.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 23% and program service revenue 58% of the total. Compensation of current officers, directors and key employees was $304k (4.7% of expenses). Other salaries and wages came to $4.1m. At year end it held assets of $18.6m against liabilities of $600k, net assets of $18.0m. It reported 412 employees.