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Inspiring Educators Inc

RegisteredEIN 47-1380703Boston, MAEducation and training
Income$199k2023-12
Spending$194ksame year
Spent / received96%5-year average
Size in its cause54th pctEducation and training
Exempt since2015Publicly supported organisat
Employees2latest return

Analysis

Inspiring Educators Inc is a registered charity in United States, based in Boston, MA. It received its IRS tax-exemption ruling in May 2015, 11 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Inspiring Educators Inc reported income of $199k and spending of $194k, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $120k to $199k (+66%), an average of +14% a year. The sharpest change came in the year to December 2021, when income rose by 27%. 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, Inspiring Educators Inc sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 58th percentile within MA. Charities of a similar size with the same main cause include Maitland E Smith Scholarship House Alumni Associate Memorial Fund ($199k), Capital Area Literacy Coalition ($199k) and Funds for the Biblioteca Publica Inc ($199k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 22% and program service revenue 63% of the total. Other salaries and wages came to $109k. At year end it held assets of $95k against liabilities of $18k, net assets of $77k. It reported 2 employees.

Income and spending

$0$50k$99k$149k$199k2019 Income: $119,6252019 Spending: $151,65620192020 Income: $140,2672020 Spending: $138,24720202021 Income: $178,2752021 Spending: $141,50320212022 Income: $194,0322022 Spending: $170,89320222023 Income: $198,9122023 Spending: $194,3572023
IncomeSpending

Where the income comes from

  • Contributions & grants 22%
  • Program services 63%
  • Other 15%

Similar-sized charities, same cause

CharityLocationIncome
Maitland E Smith Scholarship House Alumni Associate Memorial FundManhattan$199k
Capital Area Literacy CoalitionLansing$199k
Funds for the Biblioteca Publica IncLaredo$199k
Pekin Community High School Dragon Athletic BoostersPekin$199k