Inspire Spaces Inspire Students

Analysis

Inspire Spaces Inspire Students is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in October 2014, 12 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, Inspire Spaces Inspire Students reported income of $258k and spending of $269k, spending 104% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $244k to $258k (+5.7%), an average of +1.4% a year. The sharpest change came in the year to December 2022, when income rose by 43%. Over the whole period it spent 105% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Inspire Spaces Inspire Students sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 63rd percentile within TX. Charities of a similar size with the same main cause include Ridgewood High School Home and School Association ($258k), Qiao Ji Mandarin ($258k) and Fredericksburg Billie Boosters Inc ($258k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $89k (33% of expenses). Other salaries and wages came to $21k. At year end it held assets of $112k against liabilities of $45k, net assets of $67k. It reported 1 employees.