Inroads Inc
Analysis
Inroads Inc is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in January 2019, 7 years ago. Its declared purposes cover education, which this site groups under education and training. 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 August 2023, Inroads Inc reported income of $11.1m and spending of $13.3m, spending 120% of what it took in. Across the 6 years on record, from August 2018 to August 2023, income grew from $2.1m to $11.1m (+438%), an average of +40% a year. The sharpest change came in the year to August 2019, when income rose by 226%. Over the whole period it spent 92% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Inroads Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 96th percentile within GA. Charities of a similar size with the same main cause include Priority Systems ($11.1m), Iu Medical Group Foundation Inc ($11.1m) and Csu Bakersfield Auxiliary for Sponsored Programs Administration ($11.1m).
On its Form 990 for the period ending August 2023, revenue came from contributions and grants 62% and program service revenue 39% of the total. Compensation of current officers, directors and key employees was $966k (7.2% of expenses). Other salaries and wages came to $4.6m. It paid $95k in professional fundraising fees. At year end it held assets of $16.2m against liabilities of $7.9m, net assets of $8.2m. It reported 136 employees.
Income and spending
Where the income comes from
- Contributions & grants 62%
- Program services 38%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Priority Systems | Morgans Point | $11.1m |
| Iu Medical Group Foundation Inc | Indianapolis | $11.1m |
| Csu Bakersfield Auxiliary for Sponsored Programs Administration | Bakersfield | $11.1m |
| National Association of Student Financial Aid Administrators | Washington | $11.1m |