For Inspiration Recognition of Science and Technology SC

Analysis

For Inspiration Recognition of Science and Technology SC is a registered charity in United States, based in Ridgeville, SC. It received its IRS tax-exemption ruling in August 2012, 14 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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 2023, For Inspiration Recognition of Science and Technology SC reported income of $462k and spending of $510k, spending 110% of what it took in. Across the 2 years on record, from June 2022 to June 2023, income grew from $373k to $462k (+24%), an average of +24% a year. The sharpest change came in the year to June 2023, when income rose by 24%. Over the whole period it spent 90% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, For Inspiration Recognition of Science and Technology SC 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 69th percentile, and in the 74th percentile within SC. Charities of a similar size with the same main cause include Girls in the Know ($462k), Safe and Sober Inc ($462k) and Missouri Farm Bureau Foundation for Agriculture ($461k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 91% and program service revenue 8.9% of the total. At year end it held assets of $261k against liabilities of $0, net assets of $261k.