Inspire Family Life Center

Analysis

Inspire Family Life Center is a registered charity in United States, based in Warren, NJ. It received its IRS tax-exemption ruling in March 2021, 5 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 Family Life Center reported income of $182k and spending of $135k, leaving 26% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $140k to $182k (+30%), an average of +30% a year. The sharpest change came in the year to December 2023, when income rose by 30%. Over the whole period it spent 69% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Inspire Family Life Center sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 59th percentile within NJ. Charities of a similar size with the same main cause include Society of St Vincent de Paul District Council of Waterloo Iowa ($182k), Palo Alto Chesed Fund Inc ($182k) and Unlimited Potential Community Development Corporation ($182k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $266k against liabilities of $7,364, net assets of $258k.