Inspiration Ministries Inc

Analysis

Inspiration Ministries Inc is a registered charity in United States, based in Butler, IN. It received its IRS tax-exemption ruling in March 2013, 13 years ago. Its declared purposes cover crime and legal-related, which this site groups under human rights and equality. 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, Inspiration Ministries Inc reported income of $4.2m and spending of $2.5m, leaving 40% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $592k to $4.2m (+612%), an average of +63% a year. The sharpest change came in the year to December 2022, when income rose by 100%. Over the whole period it spent 73% of the income it received.

Among 9,611 United States charities whose main cause is human rights and equality and that reported income, Inspiration Ministries Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 92nd percentile within IN. Charities of a similar size with the same main cause include Maryland Volunteer Lawyers Service Inc ($4.2m), California Indian Legal Services Inc ($4.2m) and Mississippi Center for Justice ($4.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 77% and program service revenue 18% of the total. Compensation of current officers, directors and key employees was $63k (2.5% of expenses). Other salaries and wages came to $779k. At year end it held assets of $5.4m against liabilities of $2.5m, net assets of $2.9m. It reported 60 employees.