Inspiring Purpose Day Program Inc

Analysis

Inspiring Purpose Day Program Inc is a registered charity in United States, based in Cincinnati, OH. It received its IRS tax-exemption ruling in June 2020, 6 years ago. 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, Inspiring Purpose Day Program Inc reported income of $392k and spending of $423k, spending 108% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income grew from $178k to $392k (+121%), an average of +30% a year. The sharpest change came in the year to December 2022, when income rose by 270%. Over the whole period it spent 79% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Inspiring Purpose Day Program Inc sits at the 65th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 66th percentile within OH. Charities of a similar size with the same main cause include Volunteers of America Inc ($392k), San Juan Islands Shuttle System ($392k) and Little League Baseball Inc ($392k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 23% and program service revenue 77% of the total. Compensation of current officers, directors and key employees was $71k (17% of expenses). Other salaries and wages came to $155k. At year end it held assets of $514k against liabilities of $179k, net assets of $335k.