Robotics and Engineering in Allegany County--Together Inc

Analysis

Robotics and Engineering in Allegany County--Together Inc is a registered charity in United States, based in Cumberland, MD. It received its IRS tax-exemption ruling in August 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Robotics and Engineering in Allegany County--Together Inc reported income of $62k and spending of $34k, leaving 44% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $174k to $62k (-65%), an average of -65% a year. The sharpest change came in the year to December 2023, when income dropped by 65%. Over the whole period it spent 20% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Robotics and Engineering in Allegany County--Together Inc sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 26th percentile within MD. Charities of a similar size with the same main cause include Manhattan Area Technical College Foundation ($62k), Illinois Association of Technical Accident Investigators ($62k) and Sutherlin Booster Club ($62k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 91% and program service revenue 9.5% of the total. At year end it held assets of $307k against liabilities of $0, net assets of $307k.