Tomorrows Youth Organization

Analysis

Tomorrows Youth Organization is a registered charity in United States, based in McLean, VA. It received its IRS tax-exemption ruling in January 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 December 2023, Tomorrows Youth Organization reported income of $1.2m and spending of $1.9m, spending 149% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $177k to $1.2m (+606%), an average of +63% a year. The sharpest change came in the year to December 2022, when income rose by 3079%. Over the whole period it spent 97% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Tomorrows Youth Organization sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 82nd percentile within VA. Charities of a similar size with the same main cause include James Prendergast Library Association ($1.2m), The Reading Foundation ($1.2m) and Nativity School of Harrisburg ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $713k. At year end it held assets of $3.3m against liabilities of $273k, net assets of $3.0m. It reported 1 employees.