Open Source Robotics Foundation Inc

Analysis

Open Source Robotics Foundation Inc is a registered charity in United States, based in San Jose, CA. It received its IRS tax-exemption ruling in May 2014, 12 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 December 2023, Open Source Robotics Foundation Inc reported income of $1.9m and spending of $2.0m, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $5.6m to $1.9m (-65%), an average of -23% a year. The sharpest change came in the year to December 2023, when income dropped by 68%. Over the whole period it spent 91% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Open Source Robotics Foundation Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 86th percentile within CA. Charities of a similar size with the same main cause include Good Jobs First ($1.9m), Delaware Valley Classical Schools Inc ($1.9m) and Scholarleaders International ($1.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.5% and program service revenue 83% of the total. Compensation of current officers, directors and key employees was $611k (31% of expenses). At year end it held assets of $4.4m against liabilities of $137k, net assets of $4.2m. It reported 1 employees.