Sylvan Robotics
Analysis
Sylvan Robotics is a registered charity in United States, based in Sylvania, OH. It received its IRS tax-exemption ruling in January 2017, 9 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 June 2023, Sylvan Robotics reported income of $425k and spending of $517k, spending 122% of what it took in. Across the 2 years on record, from June 2022 to June 2023, income grew from $371k to $425k (+14%), an average of +14% a year. Over the whole period it spent 99% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Sylvan Robotics sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 68th percentile within OH. Charities of a similar size with the same main cause include American Friends of Vshachanti ($424k), University Christian Union Alumni Association ($425k) and New Song Mission Inc ($424k).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 20% and program service revenue 80% of the total. Other salaries and wages came to $144k. At year end it held assets of $17k against liabilities of $0, net assets of $17k. It reported 7 employees.
Income and spending
Where the income comes from
- Contributions & grants 20%
- Program services 80%
- Other 0.3%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| American Friends of Vshachanti | Lawrence | $424k |
| University Christian Union Alumni Association | Shoreline | $425k |
| New Song Mission Inc | Nashville | $424k |
| Academic Informer Inc | Garland | $425k |