Ignite Robotics

Analysis

Ignite Robotics is a registered charity in United States, based in Kirkland, WA. It received its IRS tax-exemption ruling in September 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 December 2023, Ignite Robotics reported income of $408k and spending of $315k, leaving 23% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $310k to $408k (+32%), an average of +32% a year. The sharpest change came in the year to December 2023, when income rose by 32%. Over the whole period it spent 60% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Ignite Robotics sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 65th percentile within WA. Charities of a similar size with the same main cause include Life Enrichment Options ($408k), Masba-School Board Members for Latino Equity ($409k) and Roofers Local 149 - Southeastern Michigan Roofing Contractors ($408k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 10% and program service revenue 90% of the total. At year end it held assets of $325k against liabilities of $12k, net assets of $312k.