Laurel Highlands Education and Robotics Inc

Analysis

Laurel Highlands Education and Robotics Inc is a registered charity in United States, based in Hollsopple, PA. It received its IRS tax-exemption ruling in August 2017, 9 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, Laurel Highlands Education and Robotics Inc reported income of $68k and spending of $84k, spending 125% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $36k to $68k (+86%), an average of +17% a year. The sharpest change came in the year to December 2022, when income rose by 120%. Over the whole period it spent 102% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Laurel Highlands Education and Robotics Inc sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 25th percentile within PA. Charities of a similar size with the same main cause include Regents of the University of Minnesota ($68k), Mary Graham Childrens Foundation Endowment Fund ($68k) and For Our Youth ($68k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 84% and program service revenue 15% of the total. Compensation of current officers, directors and key employees was $4,334 (5.1% of expenses). At year end it held assets of $19k against liabilities of $15, net assets of $19k.