Inward Bound

Analysis

Inward Bound is a registered charity in United States, based in Sandia Park, NM. It received its IRS tax-exemption ruling in June 2019, 7 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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 2022, Inward Bound reported income of $109k and spending of $102k, spending 93% of its income. Across the 2 years on record, from December 2021 to December 2022, income fell from $121k to $109k (-9.6%), an average of -9.6% a year. Over the whole period it spent 98% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Inward Bound sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 35th percentile within NM. Charities of a similar size with the same main cause include Lewistown Redbirds Baseball Inc ($109k), Gulf Coast Agriculture and Natural Resources Youth Organization Inc ($110k) and Expeditions of Empowerment Inc ($109k).

On its Form 990-EZ for the period ending December 2022, revenue came from program service revenue 93% of the total. At year end it held assets of $139 against liabilities of $0, net assets of $139.