Tomorrows Childrens Fund Inc

Analysis

Tomorrows Childrens Fund Inc is a registered charity in United States, based in Hackensack, NJ. It received its IRS tax-exemption ruling in June 1983, 43 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, Tomorrows Childrens Fund Inc reported income of $687k and spending of $740k, spending 108% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.6m to $687k (-56%), an average of -18% a year. The sharpest change came in the year to December 2020, when income dropped by 52%. Over the whole period it spent 84% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Tomorrows Childrens Fund Inc sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 78th percentile within NJ. Charities of a similar size with the same main cause include Grand Nation Inc ($687k), Joy As Resistance ($688k) and Fundacion Dr Raul Garcia Rinaldi ($687k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 92% of the total. Compensation of current officers, directors and key employees was $76k (10% of expenses). Other salaries and wages came to $123k. At year end it held assets of $2.8m against liabilities of $70k, net assets of $2.8m. It reported 4 employees.