Inperium Inc

Analysis

Inperium Inc is a registered charity in United States, based in Reading, PA. It received its IRS tax-exemption ruling in May 2016, 10 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 ii) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Inperium Inc reported income of $6.1m and spending of $9.3m, spending 153% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.3m to $6.1m (+376%), an average of +48% a year. The sharpest change came in the year to June 2021, when income rose by 141%. Over the whole period it spent 141% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Inperium Inc sits at the 81st percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 91st percentile within PA. Charities of a similar size with the same main cause include Wellspring Inc ($6.1m), Ophthalmology Medical Service Group Inc ($6.1m) and North Star Special Services Inc ($6.1m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 93% of the total. At year end it held assets of $8.8m against liabilities of $23.6m, net assets of -$14.8m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.