Inspire More Life Inc

Analysis

Inspire More Life Inc is a registered charity in United States, based in St Simons Is, GA. It received its IRS tax-exemption ruling in April 2023, 3 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Inspire More Life Inc reported income of $69k and spending of $53k, leaving 24% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $67k to $69k (+2.0%), an average of +2.0% a year. Over the whole period it spent 92% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Inspire More Life Inc sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 28th percentile within GA. Charities of a similar size with the same main cause include International House of Praise Evangelical Mission ($69k), Truth Trackers Inc ($69k) and Next Chapter Ministries ($69k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 62% and program service revenue 38% of the total. At year end it held assets of $41k against liabilities of $0, net assets of $41k.