Tifton Tomorrow Inc

Analysis

Tifton Tomorrow Inc is a registered charity in United States, based in Tifton, GA. It received its IRS tax-exemption ruling in September 2005, 21 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Tifton Tomorrow Inc reported income of $118k and spending of $109k, spending 93% of its income. Across the 2 years on record, from June 2022 to June 2023, income grew from $22k to $118k (+447%), an average of +447% a year. The sharpest change came in the year to June 2023, when income rose by 447%. Over the whole period it spent 86% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Tifton Tomorrow Inc sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 43rd percentile within GA. Charities of a similar size with the same main cause include Ferndale Downtown Developmentassociation ($118k), Genetic Metabolic Dietitians International Inc ($118k) and Eden Gardens Community Association ($118k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 92% and program service revenue 8.3% of the total. At year end it held assets of $48k against liabilities of $0, net assets of $48k.