BOISE, Idaho, 26 August 2024 /PRNewswire/ — For the fifth year in a row, Inspire Impact Group, parent company of faith-based industry leader Inspire Investing, has made the Inc. 5000 list – the most prestigious ranking of America’s fastest-growing private companies. Of the tens of thousands of companies that have applied to the Inc. 5000 over the years, only a fraction have made the list more than once. Only 3.5% have made the list five times.
For the fifth year in a row, Inspire Impact Group, parent company of faith-based industry leader Inspire Investing, has made the Inc. 5000 list – the most prestigious ranking of America’s fastest-growing private companies. Of the tens of thousands of companies that have applied to the Inc. 5000 over the years, only a fraction have made the list more than once. Only 3.5% have made the list five times.
For 2024, Inspire ranked 3,507th overall and 205th out of 295 in the financial services industry, reporting three-year revenue growth of 137% from 2020 to 2023. Inspire and the other honorees on the 2024 Inc. 5000 list posted an average growth of 534.75%, which includes the pandemic year of 2020, while creating 874,940 new jobs and a total of 317 billion US dollars in sales.
“Making it onto the Inc. 5000 list multiple times becomes more difficult the higher our base turnover is,” said Robert NetzleyCEO of Inspire. “Being on the list five times in a row demonstrates the continued growth and potential of faith-based investing. We are grateful to God for continuing to bless our family of companies.”
About Inspire
The Inspire Impact Group includes Inspire Investing, a global leader in faith-based investing, Inspire Advisors, a Christian RIA platform, and Inspire Insight, a faith-based screening technology, all dedicated to inspiring transformation for the glory of God around the world with biblically responsible investment quality and innovation. Inspire is the creator of the globally recognized Inspire Impact Score™, which investors worldwide use to measure the biblical alignment of their investments. Inspire Investing has been ranked as one of America’s Best RIAs for 2024 by Financial Advisor Magazine and was named one of America’s Fastest Growing Companies in the Financial Times for 2021 and 2022.
Inspire also donates 50% or more of its net profits to support impactful church projects around the world through its Give50 program. Most recently, Inspire completed a three-year village transformation project in the coffee-growing areas of Guatemala to transform the lives of people in this impoverished community. Thanks to investors, consultants and institutions using Inspire products, the village now has a church building, a clean water well, improved educational facilities and a fully functioning medical clinic. For more information about the Give50 program, visit www.inspireinvesting.com/give50.
Visit www.inspireinvesting.com to learn more about Inspire’s biblically responsible investment products and inspiring impact projects.
Inc. 5000 Methodology
Companies on the 2024 Inc. 5000 are ranked by percentage revenue growth from 2020 to 2023. To qualify, companies must have been founded and generate revenue by 31 March 2020 and must be based in the United States, private, for-profit and independent – not subsidiaries or divisions of other companies. The minimum sales required for 2020 is 100,000 US dollars; the minimum for 2023 is 2 million dollars. As always, Inc. reserves the right to reject applicants for subjective reasons. Growth rates used to determine the rankings were calculated to four decimal places. The full list of Inc. 5000 honorees, including details on Inspire’s rankings, can be found at https://www.inc.com/inc5000/2024.
Investment advisory services are offered through Inspire Investing, LLC, an SEC registered investment adviser.
SOURCE: Inspire Investing
