Educate Tomorrows Parents

Analysis

Educate Tomorrows Parents is a registered charity in United States, based in Raleigh, NC. It received its IRS tax-exemption ruling in June 2008, 18 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Educate Tomorrows Parents reported income of $59k and spending of $63k, spending 106% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $49k to $59k (+21%), an average of +21% a year. The sharpest change came in the year to December 2023, when income rose by 21%. Over the whole period it spent 119% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Educate Tomorrows Parents sits at the 20th percentile: it is larger than about 20% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 21st percentile within NC. Charities of a similar size with the same main cause include Erie Uplink ($59k), Confederation of Somali Community in Minnesota ($59k) and New Europe Vision Inc ($59k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $12k against liabilities of $2,248, net assets of $9,397.