Milwaukee Robotics Academy Inc

Analysis

Milwaukee Robotics Academy Inc is a registered charity in United States, based in Milwaukee, WI. It received its IRS tax-exemption ruling in February 2021, 5 years ago. 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, Milwaukee Robotics Academy Inc reported income of $169k and spending of $143k, spending 84% of its income. Across the 3 years on record, from December 2021 to December 2023, income fell from $259k to $169k (-35%), an average of -19% a year. The sharpest change came in the year to December 2023, when income dropped by 26%. Over the whole period it spent 45% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Milwaukee Robotics Academy Inc sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 49th percentile within WI. Charities of a similar size with the same main cause include Colorado Association of Family and Childrens Agencies Inc ($169k), Cranford Family Care Association Inc ($169k) and Eagle River Lions Foundation ($169k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $363k against liabilities of $5, net assets of $363k.