Angelbotics

Analysis

Angelbotics is a registered charity in United States, based in Denver, CO. 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Angelbotics reported income of $158k and spending of $130k, spending 83% of its income. Across the 2 years on record, from June 2022 to June 2023, income grew from $43k to $158k (+267%), an average of +267% a year. The sharpest change came in the year to June 2023, when income rose by 267%. Over the whole period it spent 92% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Angelbotics sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 45th percentile within CO. Charities of a similar size with the same main cause include Challenger Learning Center of the Twin Tier Region Inc ($158k), Poland All Sports Booster Club ($158k) and Waldorf Teacher Training Eugene ($158k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 93% of the total. At year end it held assets of $33k against liabilities of $0, net assets of $33k.