Tomorrows Stars

Analysis

Tomorrows Stars is a registered charity in United States, based in Cranberry TWP, PA. It received its IRS tax-exemption ruling in November 2004, 22 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, Tomorrows Stars reported income of $59k and spending of $36k, leaving 39% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $52k to $59k (+14%), an average of +14% a year. Over the whole period it spent 65% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Tomorrows Stars sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 21st percentile within PA. Charities of a similar size with the same main cause include Faith of Northwest Houston ($59k), Edhs Girls Soccer Boosters ($59k) and Beth and Horace Stubblefield Learning Center ($59k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 94% of the total. At year end it held assets of $133k against liabilities of $0, net assets of $133k.