Learning Is for Tomorrow

Analysis

Learning Is for Tomorrow is a registered charity in United States, based in Baltimore, MD. It received its IRS tax-exemption ruling in June 2007, 19 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 June 2023, Learning Is for Tomorrow reported income of $369k and spending of $311k, spending 84% of its income. Across the 3 years on record, from June 2021 to June 2023, income grew from $286k to $369k (+29%), an average of +14% a year. The sharpest change came in the year to June 2023, when income rose by 22%. Over the whole period it spent 93% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Learning Is for Tomorrow sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 65th percentile within MD. Charities of a similar size with the same main cause include Randall High School Athletic Booster Club ($369k), American Friends of Rabbi Meir Schusters Heritage House Inc ($369k) and Little League Baseball Inc ($369k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $81k (26% of expenses). Other salaries and wages came to $83k. At year end it held assets of $71k against liabilities of $22k, net assets of $50k. It reported 5 employees.