Tennessee Valley Robotics

Analysis

Tennessee Valley Robotics is a registered charity in United States, based in Signal MTN, TN. It received its IRS tax-exemption ruling in September 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Tennessee Valley Robotics reported income of $996k and spending of $1.1m, spending 110% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $524k to $996k (+90%), an average of +17% a year. The sharpest change came in the year to December 2022, when income rose by 62%. Over the whole period it spent 96% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Tennessee Valley Robotics sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 81st percentile within TN. Charities of a similar size with the same main cause include Maryland 4-H Foundation Inc ($995k), Bizstarts Milwaukee Inc ($997k) and Operation Jump Start ($994k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $186k (17% of expenses). At year end it held assets of $583k against liabilities of $15k, net assets of $567k. It reported 2 employees.