Mid-Atlantic Robotics a NJ Non-Profit Corporation

Analysis

Mid-Atlantic Robotics a NJ Non-Profit Corporation is a registered charity in United States, based in Princeton, NJ. It received its IRS tax-exemption ruling in December 2010, 16 years ago. Its declared purposes cover education, which this site groups under education and training. 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 2023, Mid-Atlantic Robotics a NJ Non-Profit Corporation reported income of $554k and spending of $882k, spending 159% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $596k to $554k (-7.0%), an average of -1.8% a year. The sharpest change came in the year to June 2022, when income rose by 167%. Over the whole period it spent 89% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Mid-Atlantic Robotics a NJ Non-Profit Corporation sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 76th percentile within NJ. Charities of a similar size with the same main cause include Construction Education Foundation of Minnesota ($554k), The Magnolia School Inc ($554k) and Liberty Elementary Education Foundation Inc ($554k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 93% and program service revenue 4.6% of the total. Other salaries and wages came to $145k. At year end it held assets of $890k against liabilities of $24k, net assets of $866k. It reported 2 employees.