Inspire Learning Academy Inc

Analysis

Inspire Learning Academy Inc is a registered charity in United States, based in Auburn, CA. It received its IRS tax-exemption ruling in March 2017, 9 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, Inspire Learning Academy Inc reported income of $182k and spending of $182k, spending 100% of its income. Across the 4 years on record, from June 2019 to June 2023, income fell from $246k to $182k (-26%), an average of -9.5% a year. The sharpest change came in the year to June 2022, when income dropped by 46%. Over the whole period it spent 109% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Inspire Learning Academy Inc sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 54th percentile within CA. Charities of a similar size with the same main cause include Averroes Project ($182k), Arizona Technology in Education Association ($182k) and Bomber Elite Inc ($182k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 11% and program service revenue 89% of the total. At year end it held assets of $20k against liabilities of $1,982, net assets of $18k.