Northern Minnesota Robotics Conference

Analysis

Northern Minnesota Robotics Conference is a registered charity in United States, based in Bemidji, MN. It received its IRS tax-exemption ruling in July 2018, 8 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, Northern Minnesota Robotics Conference reported income of $259k and spending of $73k, leaving 72% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $104k to $259k (+149%), an average of +149% a year. The sharpest change came in the year to December 2023, when income rose by 149%. Over the whole period it spent 35% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Northern Minnesota Robotics Conference sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 58th percentile within MN. Charities of a similar size with the same main cause include Central New York Youth Camp Inc ($259k), Westurban Little League Inc ($259k) and Oregon Blaze Fastpitch ($258k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 94% and program service revenue 5.8% of the total. At year end it held assets of $292k against liabilities of $0, net assets of $292k.