Center for Tomorrows Leaders

Analysis

Center for Tomorrows Leaders is a registered charity in United States, based in Honolulu, HI. It received its IRS tax-exemption ruling in March 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, Center for Tomorrows Leaders reported income of $983k and spending of $890k, spending 91% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $639k to $983k (+54%), an average of +11% a year. The sharpest change came in the year to June 2022, when income rose by 49%. Over the whole period it spent 78% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Center for Tomorrows Leaders sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 79th percentile within HI. Charities of a similar size with the same main cause include Majesty Outdoors ($983k), Urban Boatbuilders Inc ($983k) and Life House Center ($983k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 90% and program service revenue 9.5% of the total. Compensation of current officers, directors and key employees was $99k (11% of expenses). At year end it held assets of $1.1m against liabilities of $8,596, net assets of $1.1m. It reported 17 employees.