Improve Your Tomorrow
Analysis
Improve Your Tomorrow is a registered charity in United States, based in Sacramento, CA. It received its IRS tax-exemption ruling in April 2014, 12 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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 June 2023, Improve Your Tomorrow reported income of $10.6m and spending of $10.0m, spending 94% of its income. Across the 5 years on record, from December 2019 to June 2023, income grew from $2.1m to $10.6m (+405%), an average of +50% a year. The sharpest change came in the year to June 2022, when income rose by 136%. Over the whole period it spent 88% of the income it received.
Among 14,332 United States charities whose main cause is children and youth development and that reported income, Improve Your Tomorrow sits at the 99th percentile: it is larger than about 99% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 96th percentile within CA. Charities of a similar size with the same main cause include Civicus World Alliance for Citizen Participation Inc ($10.6m), Corners Outreach Inc ($10.6m) and Girl Scouts of Oregon and Southwest Washington Inc ($10.6m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 59% and program service revenue 41% of the total. Compensation of current officers, directors and key employees was $423k (4.2% of expenses). Other salaries and wages came to $5.7m. It paid $145k in professional fundraising fees. At year end it held assets of $6.6m against liabilities of $3.1m, net assets of $3.5m. It reported 261 employees.
Income and spending
Where the income comes from
- Contributions & grants 59%
- Program services 41%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Civicus World Alliance for Citizen Participation Inc | Washington | $10.6m |
| Corners Outreach Inc | Norcross | $10.6m |
| Girl Scouts of Oregon and Southwest Washington Inc | Portland | $10.6m |
| Boys & Girls Clubs of Philadelphia Inc | Philadelphia | $10.6m |