Queens County Educators for Tomorrow Inc

Analysis

Queens County Educators for Tomorrow Inc is a registered charity in United States, based in Queens VLG, NY. It received its IRS tax-exemption ruling in April 1981, 45 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 June 2023, Queens County Educators for Tomorrow Inc reported income of $2.9m and spending of $2.9m, spending 101% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $3.7m to $2.9m (-21%), an average of -5.7% a year. The sharpest change came in the year to June 2023, when income dropped by 19%. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Queens County Educators for Tomorrow Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 86th percentile within NY. Charities of a similar size with the same main cause include Clearway School Inc ($2.9m), Grand Rapids Youth Commonwealth Inc ($2.9m) and Association for Middle Level Education ($2.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% and program service revenue 0.9% of the total. Compensation of current officers, directors and key employees was $327k (11% of expenses). Other salaries and wages came to $1.4m. At year end it held assets of $837k against liabilities of $79k, net assets of $757k. It reported 65 employees.