Inspirational Workshops

Analysis

Inspirational Workshops is a registered charity in United States, based in Tacoma, WA. It received its IRS tax-exemption ruling in April 2018, 8 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Inspirational Workshops reported income of $296k and spending of $288k, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $271k to $296k (+9.1%), an average of +2.2% a year. The sharpest change came in the year to December 2021, when income rose by 48%. Over the whole period it spent 95% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Inspirational Workshops sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 59th percentile within WA. Charities of a similar size with the same main cause include CPS Qalicb Inc ($296k), Project Chazon Inc ($296k) and Estancia High School All Sports Boosters ($296k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $92k (32% of expenses). Other salaries and wages came to $62k. At year end it held assets of $83k against liabilities of $0, net assets of $83k. It reported 2 employees.