Kiss Institute for Practical Robotics

Analysis

Kiss Institute for Practical Robotics is a registered charity in United States, based in Norman, OK. It received its IRS tax-exemption ruling in September 1994, 32 years ago. Its declared purposes cover education, which this site groups under education and training. 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 August 2023, Kiss Institute for Practical Robotics reported income of $1.5m and spending of $1.5m, spending 102% of its income. Across the 5 years on record, from August 2019 to August 2023, income fell from $1.6m to $1.5m (-7.7%), an average of -2.0% a year. The sharpest change came in the year to August 2022, when income rose by 53%. Over the whole period it spent 96% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Kiss Institute for Practical Robotics sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 85th percentile within OK. Charities of a similar size with the same main cause include Woodside High School Foundation ($1.5m), Anne Grady Day Program ($1.5m) and Candlelight Christian Academy Inc ($1.5m).

On its Form 990 for the period ending August 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 $96k (6.3% of expenses). Other salaries and wages came to $322k. At year end it held assets of $1.3m against liabilities of $424k, net assets of $913k. It reported 11 employees.