Inspire Project Inc

Analysis

Inspire Project Inc is a registered charity in United States, based in Staunton, VA. It received its IRS tax-exemption ruling in February 2019, 7 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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 2022, Inspire Project Inc reported income of $273k and spending of $282k, spending 103% of its income. Across the 2 years on record, from December 2021 to December 2022, income grew from $239k to $273k (+14%), an average of +14% a year. Over the whole period it spent 98% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Inspire Project Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 59th percentile within VA. Charities of a similar size with the same main cause include Twin Peaks Bible Camp ($273k), Ethos Volleyball Club LLC ($273k) and Badger Boys State Inc ($272k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. At year end it held assets of $36k against liabilities of $0, net assets of $36k.