Atx Robotics Inc

Analysis

Atx Robotics Inc is a registered charity in United States, based in Austin, TX. It received its IRS tax-exemption ruling in August 2016, 10 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 May 2024, Atx Robotics Inc reported income of $144k and spending of $146k, spending 102% of its income. Across the 2 years on record, from May 2023 to May 2024, income grew from $105k to $144k (+37%), an average of +36% a year. The sharpest change came in the year to May 2024, when income rose by 37%. Over the whole period it spent 114% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Atx Robotics Inc sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 50th percentile within TX. Charities of a similar size with the same main cause include Minds Matter National Inc ($144k), Cascade Lake 4-H Camp ($144k) and Framingham Baseball ($144k).

On its Form 990-EZ for the period ending May 2024, revenue came from contributions and grants 45% and program service revenue 44% of the total. At year end it held assets of $91k against liabilities of $0, net assets of $91k.