Georgiafirst Robotics Inc

Analysis

Georgiafirst Robotics Inc is a registered charity in United States, based in Cumming, GA. It received its IRS tax-exemption ruling in February 2014, 12 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 June 2023, Georgiafirst Robotics Inc reported income of $989k and spending of $926k, spending 94% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $1.0m to $989k (-3.9%), an average of -1.0% a year. The sharpest change came in the year to June 2022, when income rose by 74%. Over the whole period it spent 93% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Georgiafirst Robotics Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 83rd percentile within GA. Charities of a similar size with the same main cause include South Bend Museum of Art Inc ($989k), Kirkland Arts Center ($989k) and W O Smith Nashville Community Music School ($989k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 70% and program service revenue 29% of the total. Compensation of current officers, directors and key employees was $132k (14% of expenses). At year end it held assets of $671k against liabilities of $2,754, net assets of $668k. It reported 1 employees.