Inspire Up Inc

Analysis

Inspire Up Inc is a registered charity in United States, based in Camden, NC. It received its IRS tax-exemption ruling in April 2020, 6 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Inspire Up Inc reported income of $94k and spending of $85k, spending 90% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $145k to $94k (-35%), an average of -35% a year. The sharpest change came in the year to December 2023, when income dropped by 35%. Over the whole period it spent 101% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Inspire Up Inc sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 33rd percentile within NC. Charities of a similar size with the same main cause include Ready Inc ($94k), Missouri Operation Lifesaver Inc ($94k) and Pandemic Patients ($94k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $10k against liabilities of $410, net assets of $9,633.