I-Nspire Foundation Inc

Analysis

I-Nspire Foundation Inc is a registered charity in United States, based in Southaven, MS. It received its IRS tax-exemption ruling in March 2013, 13 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, I-Nspire Foundation Inc reported income of $126k and spending of $98k, leaving 22% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $90k to $126k (+39%), an average of +39% a year. The sharpest change came in the year to December 2023, when income rose by 39%. Over the whole period it spent 78% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, I-Nspire Foundation Inc sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 45th percentile within MS. Charities of a similar size with the same main cause include Mobile Ministries Inc ($126k), Sweetwater Cultural Center Inc ($126k) and Overflow Community Thrift Store ($126k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $103k against liabilities of $63, net assets of $103k.