Hightide Robotics Inc

Analysis

Hightide Robotics Inc is a registered charity in United States, based in Ventura, CA. It received its IRS tax-exemption ruling in July 2018, 8 years ago. Its declared purposes cover science and technology, which this site groups under arts, culture, heritage and science. 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, Hightide Robotics Inc reported income of $126k and spending of $108k, spending 86% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $72k to $126k (+74%), an average of +74% a year. The sharpest change came in the year to December 2023, when income rose by 74%. Over the whole period it spent 86% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Hightide Robotics Inc 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 43rd percentile, and in the 45th percentile within CA. Charities of a similar size with the same main cause include Imagination Factory Childrens Museum ($126k), Missoula Farigrounds Foundation ($126k) and Malcolm & Dorothy Warner McEachren Charitable Trust ($125k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 98% of the total. At year end it held assets of $39k against liabilities of $0, net assets of $39k.