Inspire-Nj a NJ Nonprofit Corp

Analysis

Inspire-Nj a NJ Nonprofit Corp is a registered charity in United States, based in Whiting, NJ. It received its IRS tax-exemption ruling in August 2014, 12 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 2022, Inspire-Nj a NJ Nonprofit Corp reported income of $369k and spending of $373k, spending 101% of its income. Across the 4 years on record, from December 2019 to December 2022, income fell from $3.1m to $369k (-88%), an average of -51% a year. The sharpest change came in the year to December 2022, when income rose by 156%. Over the whole period it spent 102% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Inspire-Nj a NJ Nonprofit Corp sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 71st percentile within NJ. Charities of a similar size with the same main cause include Abode for Children Inc ($369k), Guns N Hoses Foundation ($369k) and Shoreline Community Services ($369k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $43k. At year end it held assets of $572k against liabilities of $552k, net assets of $20k. It reported 1 employees.