Southington Robotics and Technology Education Association Inc

Analysis

Southington Robotics and Technology Education Association Inc is a registered charity in United States, based in Southington, CT. It received its IRS tax-exemption ruling in October 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, Southington Robotics and Technology Education Association Inc reported income of $92k and spending of $188k, spending 203% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $112k to $92k (-18%), an average of -18% a year. The sharpest change came in the year to December 2023, when income dropped by 18%. Over the whole period it spent 172% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Southington Robotics and Technology Education Association Inc sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 33rd percentile within CT. Charities of a similar size with the same main cause include White Plains Youth Athletic Organization ($92k), NJ Axemen Baseball Association Inc ($92k) and Mill Creek XC Booster Club Inc ($92k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 60% of the total. At year end it held assets of $50k against liabilities of $0, net assets of $50k.