Ceos of Tomorrow Inc

Analysis

Ceos of Tomorrow Inc is a registered charity in United States, based in Madison, WI. 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, Ceos of Tomorrow Inc reported income of $668k and spending of $685k, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $305k to $668k (+119%), an average of +22% a year. The sharpest change came in the year to December 2021, when income rose by 50%. Over the whole period it spent 89% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Ceos of Tomorrow Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 75th percentile within WI. Charities of a similar size with the same main cause include Believe in Books Literacy Foundation ($668k), Maria Montessori School of the Golden Gate Corporation ($668k) and Lincoln University Extension ($668k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 86% and program service revenue 12% of the total. Compensation of current officers, directors and key employees was $77k (11% of expenses). Other salaries and wages came to $357k. At year end it held assets of $313k against liabilities of $31k, net assets of $282k. It reported 41 employees.