Inspiring Educators Inc
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
Where the income comes from
- Contributions & grants 22%
- Program services 63%
- Other 15%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Maitland E Smith Scholarship House Alumni Associate Memorial Fund | Manhattan | $199k |
| Capital Area Literacy Coalition | Lansing | $199k |
| Funds for the Biblioteca Publica Inc | Laredo | $199k |
| Pekin Community High School Dragon Athletic Boosters | Pekin | $199k |