Inspiration Field

Analysis

Inspiration Field is a registered charity in United States, based in LA Junta, CO. It received its IRS tax-exemption ruling in August 1974, 52 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 June 2023, Inspiration Field reported income of $6.5m and spending of $6.4m, spending 99% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $6.1m to $6.5m (+5.0%), an average of +1.2% a year. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Inspiration Field sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 94th percentile within CO. Charities of a similar size with the same main cause include The Roland Center ($6.5m), Childrens Institute for Learning Differences ($6.5m) and Boys & Girls Clubs of Central Orange Coast ($6.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 2.6% and program service revenue 93% of the total. Compensation of current officers, directors and key employees was $215k (3.4% of expenses). Other salaries and wages came to $3.3m. At year end it held assets of $7.0m against liabilities of $1.6m, net assets of $5.5m. It reported 127 employees.