Inspiredu Inc

Analysis

Inspiredu Inc is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in February 2020, 6 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Inspiredu Inc reported income of $2.9m and spending of $1.7m, leaving 42% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income grew from $1.8m to $2.9m (+58%), an average of +16% a year. The sharpest change came in the year to December 2023, when income rose by 73%. Over the whole period it spent 70% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Inspiredu Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 91st percentile within GA. Charities of a similar size with the same main cause include Construction Education Trust ($2.9m), Cristo Rey San Diego High School Inc ($2.9m) and Collegiate Academy for Mathematics and Personal Awareness ($2.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 94% and program service revenue 1.7% of the total. Compensation of current officers, directors and key employees was $736k (45% of expenses). At year end it held assets of $3.2m against liabilities of $697k, net assets of $2.5m. It reported 36 employees.