First State Robotics Incorporated

Analysis

First State Robotics Incorporated is a registered charity in United States, based in Hockessin, DE. It received its IRS tax-exemption ruling in June 2004, 22 years ago. Its declared purposes cover science and technology, which this site groups under arts, culture, heritage and science. 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 May 2024, First State Robotics Incorporated reported income of $88k and spending of $104k, spending 118% of what it took in. Across the 4 years on record, from May 2020 to May 2024, income grew from $64k to $88k (+39%), an average of +12% a year. The sharpest change came in the year to May 2021, when income rose by 70%. Over the whole period it spent 90% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, First State Robotics Incorporated sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 30th percentile within DE. Charities of a similar size with the same main cause include Charbonneau Arts Association ($88k), Hot Springs Childrens Dance Theatre Co ($88k) and Tananawit ($88k).

On its Form 990-EZ for the period ending May 2024, revenue came from contributions and grants 93% and program service revenue 4.7% of the total. At year end it held assets of $368k against liabilities of $3,330, net assets of $364k.