Lockport Robotics

Analysis

Lockport Robotics is a registered charity in United States, based in Lockport, NY. It received its IRS tax-exemption ruling in April 2006, 20 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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 June 2024, Lockport Robotics reported income of $62k and spending of $50k, spending 80% of its income. Across the 2 years on record, from June 2023 to June 2024, income fell from $67k to $62k (-7.2%), an average of -7.2% a year. Over the whole period it spent 73% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Lockport Robotics sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 26th percentile within NY. Charities of a similar size with the same main cause include Mariano-Soquena Foundation Inc ($62k), East Texas United Soccer Club ($62k) and Round Lake Area Schools Fine Arts Boosters ($62k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 59% of the total. At year end it held assets of $85k against liabilities of $0, net assets of $85k.