First New Hampshire Robotics

Analysis

First New Hampshire Robotics is a registered charity in United States, based in Nashua, NH. It received its IRS tax-exemption ruling in August 2021, 5 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 June 2024, First New Hampshire Robotics reported income of $716k and spending of $454k, leaving 37% of income unspent that year. Across the 4 years on record, from June 2021 to June 2024, income grew from $342k to $716k (+110%), an average of +28% a year. The sharpest change came in the year to June 2024, when income rose by 171%. Over the whole period it spent 73% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, First New Hampshire Robotics sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 77th percentile within NH. Charities of a similar size with the same main cause include Marching Black & Gold Inc ($716k), Entrepreneurs Organization ($716k) and Mental Health America in Allen County Inc ($716k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 97% and program service revenue 3.0% of the total. Other salaries and wages came to $36k. At year end it held assets of $722k against liabilities of $215k, net assets of $507k. It reported 1 employees.