Inspire Excellence Inc

Analysis

Inspire Excellence Inc is a registered charity in United States, based in Meridian, ID. It received its IRS tax-exemption ruling in December 2019, 7 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 December 2023, Inspire Excellence Inc reported income of $257k and spending of $243k, spending 94% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $214k to $257k (+21%), an average of +6.4% a year. The sharpest change came in the year to December 2023, when income rose by 79%. Over the whole period it spent 90% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Inspire Excellence Inc sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 61st percentile within ID. Charities of a similar size with the same main cause include Executive Alliance Inc ($257k), Fields Corner Main Street Inc ($258k) and Mansfield Cares Inc ($257k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $77k against liabilities of $752, net assets of $76k.