Children for Tomorrow

Analysis

Children for Tomorrow is a registered charity in United States, based in Las Vegas, NV. It received its IRS tax-exemption ruling in December 2022, 4 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, Children for Tomorrow reported income of $3.2m and spending of $201k, leaving 94% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income grew from $12k to $3.2m (+25708%), an average of +537% a year. The sharpest change came in the year to December 2023, when income rose by 221%. Over the whole period it spent 8.6% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Children for Tomorrow sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 91st percentile within NV. Charities of a similar size with the same main cause include Wears Valley Ranch Inc ($3.2m), Houston Police Foundation ($3.2m) and California Agricultural Leadership Foundation ($3.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% of the total. At year end it held assets of $4.1m against liabilities of $0, net assets of $4.1m.