Inspiring Philosophy Ministries
EIN: 473719035 · Tucson, AZ · NTEE: X81
| Metric | Value |
|---|---|
| Total Revenue | $277K |
| Total Expenses | $187K |
| Net Assets | $74K |
Is Inspiring Philosophy Ministries Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Inspiring Philosophy Ministries
Inspiring Philosophy Ministries (EIN: 473719035) is a nonprofit organization based in Tucson, AZ, classified under NTEE code X81. The organization reported total revenue of $277K and total assets of $108K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Inspiring Philosophy Ministries's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Inspiring Philosophy Ministries is a small nonprofit that has been operating for 11 years, with 5 years of IRS 990 filings on record (2019–2023). Revenue has grown at a compound annual rate of 37.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $240K |
| Total Expenses | $187K |
| Surplus / Deficit | +$53K |
| Total Assets | $74K |
| Net Assets | $74K |
| Operating Margin | 22.2% |
| Months of Reserves | 4.8 months |
Financial Health Grade: A
In 2023, Inspiring Philosophy Ministries reported a surplus of $53K with revenue exceeding expenses, holds 4.8 months of operating reserves (adequate).
Financial Trends
Over 5 years of filings (2019–2023), Inspiring Philosophy Ministries's revenue has grown at a compound annual growth rate (CAGR) of 37.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +86.6% | +28.8% | +256.4% |
| 2022 | -12.8% | +13.2% | -43.9% |
| 2021 | +35.9% | +21.7% | +110.4% |
| 2020 | +63.5% | +73.1% | +23.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1700 |
| IRS Ruling Date | 2015 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Inspiring Philosophy Ministries has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Inspiring Philosophy Ministries with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $53K, with revenue exceeding expenses.
Frequently Asked Questions about Inspiring Philosophy Ministries
Is Inspiring Philosophy Ministries a legitimate charity?
Inspiring Philosophy Ministries (EIN: 473719035) is a registered tax-exempt nonprofit based in Arizona. It has 5 years of IRS 990 filings on record. Total revenue: $277K. No red flags identified. Financial health grade: A.
How does Inspiring Philosophy Ministries spend its money?
Inspiring Philosophy Ministries reported $277K in total revenue in IRS 990 filings. 5 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Inspiring Philosophy Ministries tax-deductible?
Inspiring Philosophy Ministries is registered as a tax-exempt nonprofit (EIN: 473719035). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Inspiring Philosophy Ministries located?
Inspiring Philosophy Ministries is headquartered in Tucson, Arizona and files with the IRS under EIN 473719035. It is classified under NTEE code X81.
How many years of IRS 990 filings does Inspiring Philosophy Ministries have?
Inspiring Philosophy Ministries has 5 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $277K in total revenue.
Filing History
IRS 990 filing history for Inspiring Philosophy Ministries showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2019–2023), Inspiring Philosophy Ministries's revenue has grown by 261.5%, moving from $66K to $240K. Total assets increased by 418.7% over the same period, from $14K to $74K. Total functional expenses rose by 207.2%, from $61K to $187K. In its most recent filing year (2023), Inspiring Philosophy Ministries reported a surplus of $53K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $240K | $187K | $74K | $0 | — | View 990 |
| 2022 | $129K | $145K | $21K | $0 | — | View 990 |
| 2021 | $147K | $128K | $37K | $0 | — | View 990 |
| 2020 | $108K | $105K | $18K | $0 | — | — |
| 2019 | $66K | $61K | $14K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $240K, expenses of $187K, and assets of $74K (revenue +86.6% year-over-year).
- 2022: Revenue of $129K, expenses of $145K, and assets of $21K (revenue -12.8% year-over-year).
- 2021: Revenue of $147K, expenses of $128K, and assets of $37K (revenue +35.9% year-over-year).
- 2020: Revenue of $108K, expenses of $105K, and assets of $18K (revenue +63.5% year-over-year).
- 2019: Revenue of $66K, expenses of $61K, and assets of $14K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Inspiring Philosophy Ministries:
Data Sources and Methodology
This transparency report for Inspiring Philosophy Ministries is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.