Inspire Together

Analysis

Inspire Together is a registered charity in United States, based in San Pedro, CA. It received its IRS tax-exemption ruling in September 2021, 5 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Inspire Together reported income of $476k and spending of $416k, spending 88% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $338k to $476k (+41%), an average of +41% a year. The sharpest change came in the year to December 2023, when income rose by 41%. Over the whole period it spent 70% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Inspire Together 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 69th percentile, and in the 71st percentile within CA. Charities of a similar size with the same main cause include Navarro Farm Inc ($476k), Learning Tree Inc ($476k) and Center of Information & Orientation Inc ($475k).

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 $97k (23% of expenses). Other salaries and wages came to $162k. At year end it held assets of $240k against liabilities of $0, net assets of $240k. It reported 11 employees.