Tomorrows Youth Foundation

Analysis

Tomorrows Youth Foundation is a registered charity in United States, based in Calumet City, IL. It received its IRS tax-exemption ruling in May 2008, 18 years ago. Its declared purposes cover youth development, which this site groups under children and youth 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 December 2023, Tomorrows Youth Foundation reported income of $115k and spending of $107k, spending 93% of its income. Across the 3 years on record, from December 2019 to December 2023, income grew from $22k to $115k (+422%), an average of +129% a year. The sharpest change came in the year to December 2022, when income rose by 238%. Over the whole period it spent 90% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Tomorrows Youth Foundation sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 42nd percentile within IL. Charities of a similar size with the same main cause include IV at Risk Youth Betterment Foundation Incorporated ($115k), Darren Group ($115k) and Power of Girls ($115k).

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 $30k. At year end it held assets of $8,176 against liabilities of $0, net assets of $8,176.