Cybersonics Technology Team 103

Analysis

Cybersonics Technology Team 103 is a registered charity in United States, based in Kintnersville, PA. It received its IRS tax-exemption ruling in March 2009, 17 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 August 2023, Cybersonics Technology Team 103 reported income of $51k and spending of $84k, spending 163% of what it took in. Across the 2 years on record, from August 2022 to August 2023, income grew from $38k to $51k (+35%), an average of +35% a year. The sharpest change came in the year to August 2023, when income rose by 35%. Over the whole period it spent 141% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Cybersonics Technology Team 103 sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 19th percentile within PA. Charities of a similar size with the same main cause include Friends of St Michaels NFP ($51k), The Washington Local Band and Orchestra Boosters Association Inc ($51k) and Parent Booster USA Inc ($51k).

On its Form 990-EZ for the period ending August 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $25k against liabilities of $0, net assets of $25k.