Lakeshore First Robotics Programs

Analysis

Lakeshore First Robotics Programs is a registered charity in United States, based in Manitowoc, WI. It received its IRS tax-exemption ruling in December 2015, 11 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 2024, Lakeshore First Robotics Programs reported income of $493k and spending of $445k, spending 90% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $262k to $493k (+88%), an average of +17% a year. The sharpest change came in the year to June 2022, when income rose by 90%. Over the whole period it spent 73% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Lakeshore First Robotics Programs sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 70th percentile within WI. Charities of a similar size with the same main cause include Transformation Waco ($493k), Schools That Lead Inc ($493k) and Multinational Memphis ($493k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 87% and program service revenue 5.6% of the total. At year end it held assets of $613k against liabilities of $48k, net assets of $565k.