Tomorrow S Education Network Inc

Analysis

Tomorrow S Education Network Inc is a registered charity in United States, based in Towaco, NJ. It received its IRS tax-exemption ruling in November 2016, 10 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, Tomorrow S Education Network Inc reported income of $104k and spending of $69k, leaving 34% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $136k to $104k (-24%), an average of -24% a year. The sharpest change came in the year to December 2023, when income dropped by 24%. Over the whole period it spent 51% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Tomorrow S Education Network Inc sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 46th percentile within NJ. Charities of a similar size with the same main cause include Grafton Educational Foundation ($104k), Shy-Anne Booster Club ($104k) and Van Raub Elementary PTO ($104k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $165k against liabilities of $0, net assets of $165k.