Inspiritus Inc

Analysis

Inspiritus Inc is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in May 2015, 11 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 September 2023, Inspiritus Inc reported income of $22.9m and spending of $22.3m, spending 97% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $12.1m to $22.9m (+89%), an average of +17% a year. The sharpest change came in the year to September 2022, when income rose by 44%. Over the whole period it spent 96% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Inspiritus Inc sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 98th percentile within GA. Charities of a similar size with the same main cause include Interfaith America ($22.8m), City of Refuge Inc ($22.9m) and Glory of Zion International Ministries Inc ($22.7m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $522k (2.3% of expenses). Other salaries and wages came to $7.0m. At year end it held assets of $7.0m against liabilities of $2.8m, net assets of $4.2m. It reported 149 employees.