Inspire by Action Inc

Analysis

Inspire by Action Inc is a registered charity in United States, based in Live Oak, FL. It received its IRS tax-exemption ruling in October 2015, 11 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 2023, Inspire by Action Inc reported income of $296k and spending of $185k, leaving 38% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $331k to $296k (-10%), an average of -2.7% a year. The sharpest change came in the year to December 2023, when income rose by 115%. Over the whole period it spent 64% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Inspire by Action Inc sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 64th percentile within FL. Charities of a similar size with the same main cause include Federacion Jalisciense Del Medio Oeste ($296k), Good News Community Kitchen ($297k) and At Home in Darien Inc ($296k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $494k against liabilities of $67k, net assets of $427k.