Davis Robotics Foundation

Analysis

Davis Robotics Foundation is a registered charity in United States, based in Davis, CA. It received its IRS tax-exemption ruling in July 2017, 9 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, Davis Robotics Foundation reported income of $253k and spending of $223k, spending 88% of its income. Across the 3 years on record, from August 2019 to August 2023, income grew from $230k to $253k (+10%), an average of +5.0% a year. The sharpest change came in the year to August 2023, when income rose by 34%. Over the whole period it spent 99% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Davis Robotics Foundation sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 61st percentile within CA. Charities of a similar size with the same main cause include Manhattan Beach Rotary Club Charitable Foundation ($253k), North Shore Coalition ($253k) and Bookstock ($253k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 30% and program service revenue 70% of the total. At year end it held assets of $149k against liabilities of $0, net assets of $149k.