Inspired Learning Center

Analysis

Inspired Learning Center is a registered charity in United States, based in Wylie, TX. It received its IRS tax-exemption ruling in December 2022, 4 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2024, Inspired Learning Center reported income of $214k and spending of $207k, spending 97% of its income. Across the 2 years on record, from June 2023 to June 2024, income grew from $200k to $214k (+6.7%), an average of +6.7% a year. Over the whole period it spent 96% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Inspired Learning Center sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 59th percentile within TX. Charities of a similar size with the same main cause include Lake Havasu High School Athleticbooster Club Inc ($214k), Superior Public Schools Foundation ($214k) and Northmont Band Boosters ($214k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 1.9% and program service revenue 98% of the total. Other salaries and wages came to $110k. At year end it held assets of $37k against liabilities of $0, net assets of $37k.