Inspire Sheboygan County

Analysis

Inspire Sheboygan County is a registered charity in United States, based in Sheboygan, WI. It received its IRS tax-exemption ruling in August 2014, 12 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic 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 December 2023, Inspire Sheboygan County reported income of $189k and spending of $220k, spending 116% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $299k to $189k (-37%), an average of -11% a year. The sharpest change came in the year to December 2020, when income dropped by 27%. Over the whole period it spent 89% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Inspire Sheboygan County sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 52nd percentile within WI. Charities of a similar size with the same main cause include Main Street Medina ($189k), Moosehead Lake Region Economic Development Corp ($189k) and Main Street Morgantown Inc ($189k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $83k (38% of expenses). Other salaries and wages came to $88k. At year end it held assets of $234k against liabilities of $8,086, net assets of $226k. It reported 4 employees.