Inspiration Alcona Inc

Analysis

Inspiration Alcona Inc is a registered charity in United States, based in Lincoln, MI. It received its IRS tax-exemption ruling in May 2014, 12 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, Inspiration Alcona Inc reported income of $143k and spending of $136k, spending 95% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $101k to $143k (+41%), an average of +41% a year. The sharpest change came in the year to December 2023, when income rose by 41%. Over the whole period it spent 89% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Inspiration Alcona Inc sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 46th percentile within MI. Charities of a similar size with the same main cause include Del Norte High School Foundation ($143k), Oak Tree Academy ($143k) and Jackson Township High School Scholarship Fund Inc ($143k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 73% and program service revenue 27% of the total. At year end it held assets of $52k against liabilities of $0, net assets of $52k.