Inspero Inc

Analysis

Inspero Inc is a registered charity in United States, based in Hoover, AL. It received its IRS tax-exemption ruling in September 2015, 11 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Inspero Inc reported income of $113k and spending of $130k, spending 115% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $130k to $113k (-13%), an average of -13% a year. Over the whole period it spent 102% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Inspero Inc sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 40th percentile within AL. Charities of a similar size with the same main cause include American Glass Guild Inc ($113k), Tarangini ($113k) and Wilson Vaughn Historic Hostess House Inc ($113k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 87% and program service revenue 13% of the total. At year end it held assets of $64k against liabilities of $329, net assets of $64k.