Inspire One Foundation

Analysis

Inspire One Foundation is a registered charity in United States, based in Fresno, CA. It received its IRS tax-exemption ruling in May 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Inspire One Foundation reported income of $139k and spending of $121k, spending 87% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $105k to $139k (+32%), an average of +7.2% a year. The sharpest change came in the year to December 2022, when income rose by 64%. Over the whole period it spent 109% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Inspire One Foundation sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 47th percentile within CA. Charities of a similar size with the same main cause include Mississippi Public Transit Association Inc ($139k), Africa Harvest of Hope ($139k) and Goodness Gracious Ministries Inc ($139k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 38% and program service revenue 62% of the total. Other salaries and wages came to $88k. At year end it held assets of $68k against liabilities of $0, net assets of $68k. It reported 10 employees.