Inspire School of Arts and Sciences Foundation

Analysis

Inspire School of Arts and Sciences Foundation is a registered charity in United States, based in Chico, CA. It received its IRS tax-exemption ruling in June 2020, 6 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Inspire School of Arts and Sciences Foundation reported income of $108k and spending of $55k, leaving 49% of income unspent that year. Across the 3 years on record, from June 2021 to June 2024, income fell from $253k to $108k (-57%), an average of -35% a year. The sharpest change came in the year to June 2023, when income dropped by 74%. Over the whole period it spent 39% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Inspire School of Arts and Sciences Foundation sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 41st percentile within CA. Charities of a similar size with the same main cause include St Ann Society of Norwalk Inc ($108k), Clark Montessori School Foundation Inc ($108k) and Friends of Builders of Skills Inc ($108k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 80% of the total. At year end it held assets of $359k against liabilities of $2,386, net assets of $357k.