Tomaros Change

Analysis

Tomaros Change is a registered charity in United States, based in Claymont, DE. It received its IRS tax-exemption ruling in August 2010, 16 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, Tomaros Change reported income of $206k and spending of $227k, spending 110% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $168k to $206k (+23%), an average of +23% a year. The sharpest change came in the year to December 2023, when income rose by 23%. Over the whole period it spent 118% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Tomaros Change sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 49th percentile within DE. Charities of a similar size with the same main cause include Associates of St John Bosco Inc ($206k), Alpha Womens Resource Center Inc ($206k) and Stirrups N Strides Therapeutic Riding Center Inc ($206k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 9.3% and program service revenue 91% of the total. Compensation of current officers, directors and key employees was $68k (30% of expenses). Other salaries and wages came to $140k. It paid $1,026 in professional fundraising fees. At year end it held assets of $6,011 against liabilities of $55k, net assets of -$49k.