Edina Robotics Foundation

Analysis

Edina Robotics Foundation is a registered charity in United States, based in Edina, MN. It received its IRS tax-exemption ruling in December 2019, 7 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 June 2024, Edina Robotics Foundation reported income of $148k and spending of $100k, leaving 33% of income unspent that year. Across the 2 years on record, from June 2023 to June 2024, income grew from $112k to $148k (+32%), an average of +32% a year. The sharpest change came in the year to June 2024, when income rose by 32%. Over the whole period it spent 67% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Edina Robotics Foundation sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 44th percentile within MN. Charities of a similar size with the same main cause include Parent Booster USA Inc ($148k), Elenas Light Inc ($148k) and Mojo Choir ($148k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 62% of the total. At year end it held assets of $175k against liabilities of $0, net assets of $175k.