Queen City Robotics Alliance Inc

Analysis

Queen City Robotics Alliance Inc is a registered charity in United States, based in Charlotte, NC. It received its IRS tax-exemption ruling in July 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, Queen City Robotics Alliance Inc reported income of $475k and spending of $453k, spending 95% of its income. Across the 4 years on record, from December 2019 to December 2023, income grew from $117k to $475k (+306%), an average of +60% a year. The sharpest change came in the year to December 2022, when income rose by 310%. Over the whole period it spent 88% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Queen City Robotics Alliance Inc sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 69th percentile within NC. Charities of a similar size with the same main cause include Knights Association ($475k), Engaged Community Offshoots ($475k) and Alpha Sigma Tau National Foundation ($475k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 50% and program service revenue 46% of the total. Compensation of current officers, directors and key employees was $51k (11% of expenses). At year end it held assets of $202k against liabilities of -$3,430, net assets of $206k.