Los Angeles Robotics

Analysis

Los Angeles Robotics is a registered charity in United States, based in Manhattan BCH, CA. It received its IRS tax-exemption ruling in January 2005, 21 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Los Angeles Robotics reported income of $101k and spending of $123k, spending 122% of what it took in. Across the 3 years on record, from June 2021 to June 2024, income grew from $11k to $101k (+781%), an average of +197% a year. The sharpest change came in the year to June 2023, when income rose by 724%. Over the whole period it spent 110% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Los Angeles Robotics sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 39th percentile within CA. Charities of a similar size with the same main cause include Millard Business Community Foundation ($101k), Rotary Club of Montgomery-Rocky Hill Foundation Inc ($101k) and Lincoln Park High School Booster Club Inc ($101k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 50% and program service revenue 50% of the total. At year end it held assets of $29k against liabilities of $4,435, net assets of $24k.