Ispe Foundation Inc

Analysis

Ispe Foundation Inc is a registered charity in United States, based in Tampa, FL. It received its IRS tax-exemption ruling in February 2018, 8 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2022, Ispe Foundation Inc reported income of $331k and spending of $367k, spending 111% of what it took in. Across the 3 years on record, from December 2020 to December 2022, income grew from $223k to $331k (+49%), an average of +22% a year. The sharpest change came in the year to December 2021, when income rose by 60%. Over the whole period it spent 83% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Ispe Foundation Inc sits at the 49th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 66th percentile within FL. Charities of a similar size with the same main cause include Riding on Insulin ($331k), Bulldogs Battling Breast Cancer Inc ($331k) and Easton Volunteer Emergency Medical Service Inc ($331k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 106% of the total. Other salaries and wages came to $181k. At year end it held assets of $522k against liabilities of $214k, net assets of $308k.