Inspiring Life

Analysis

Inspiring Life is a registered charity in United States, based in Cincinnati, OH. It received its IRS tax-exemption ruling in May 2021, 5 years ago. 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 2023, Inspiring Life reported income of $949k and spending of $923k, spending 97% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $196k to $949k (+383%), an average of +120% a year. The sharpest change came in the year to December 2022, when income rose by 207%. Over the whole period it spent 87% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Inspiring Life sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 79th percentile within OH. Charities of a similar size with the same main cause include Association of Departments of Family Medicine ($949k), Commons Inc ($949k) and Cincy Bike Share Inc ($948k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $540k (59% of expenses). At year end it held assets of $296k against liabilities of $0, net assets of $296k. It reported 15 employees.