Idaho Regional Robotics Inc

Analysis

Idaho Regional Robotics Inc is a registered charity in United States, based in Meridian, ID. It received its IRS tax-exemption ruling in August 2021, 5 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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, Idaho Regional Robotics Inc reported income of $480k and spending of $303k, leaving 37% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $254k to $480k (+89%), an average of +17% a year. The sharpest change came in the year to December 2022, when income rose by 161%. Over the whole period it spent 68% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Idaho Regional Robotics Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 74th percentile within ID. Charities of a similar size with the same main cause include United States Bowling Congress Inc ($480k), Sparkys Kidz Inc ($480k) and Booger Fund ($480k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 93% and program service revenue 5.4% of the total. Compensation of current officers, directors and key employees was $31k (10% of expenses). Other salaries and wages came to $11k. At year end it held assets of $427k against liabilities of $0, net assets of $427k.