Infinite Insight Inc

Analysis

Infinite Insight Inc is a registered charity in United States, based in Estill, SC. It received its IRS tax-exemption ruling in December 2017, 9 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 2021, Infinite Insight Inc reported income of $273k and spending of $7,850, leaving 97% of income unspent that year. Across the 3 years on record, from December 2019 to December 2021, income fell from $574k to $273k (-52%), an average of -31% a year. The sharpest change came in the year to December 2021, when income dropped by 52%. Over the whole period it spent 4.5% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Infinite Insight Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 65th percentile within SC. Charities of a similar size with the same main cause include American Society of Retina Specialists Inc ($273k), Peace Lutheran School Association Inc ($273k) and Rockland Public Library Association ($273k).

On its Form 990 for the period ending December 2021, revenue came from contributions and grants 96% and program service revenue 4.0% of the total. Compensation of current officers, directors and key employees was $536 (6.8% of expenses). At year end it held assets of $48k against liabilities of $45k, net assets of $3,060.