Parents & Alumni for Robotics Team 75 Inc

Analysis

Parents & Alumni for Robotics Team 75 Inc is a registered charity in United States, based in Hillsborough, NJ. It received its IRS tax-exemption ruling in June 2011, 15 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 2024, Parents & Alumni for Robotics Team 75 Inc reported income of $131k and spending of $125k, spending 96% of its income. Across the 2 years on record, from June 2023 to June 2024, income fell from $188k to $131k (-30%), an average of -30% a year. The sharpest change came in the year to June 2024, when income dropped by 30%. Over the whole period it spent 80% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Parents & Alumni for Robotics Team 75 Inc sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 52nd percentile within NJ. Charities of a similar size with the same main cause include Lamar High School Parent Teacher Organization ($131k), William a Hough High School Band Booster Organization Inc ($131k) and Martin Community College Foundation Inc ($131k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 40% of the total. At year end it held assets of $274k against liabilities of $0, net assets of $274k.