Inspirations Early Learning Center

Analysis

Inspirations Early Learning Center is a registered charity in United States, based in Perrysburg, OH. It received its IRS tax-exemption ruling in July 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Inspirations Early Learning Center reported income of $416k and spending of $363k, spending 87% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $252k to $416k (+65%), an average of +13% a year. The sharpest change came in the year to June 2023, when income rose by 20%. Over the whole period it spent 96% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Inspirations Early Learning Center sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 67th percentile within OH. Charities of a similar size with the same main cause include Legacy Scholars Program ($415k), Neosho School District Charitable Foundation ($416k) and Penfield Patriots Sports Booster Club Inc ($415k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 28% and program service revenue 72% of the total. Other salaries and wages came to $257k. At year end it held assets of $121k against liabilities of $4,243, net assets of $116k. It reported 19 employees.