Voices of Tomorrow

Analysis

Voices of Tomorrow is a registered charity in United States, based in Burien, WA. It received its IRS tax-exemption ruling in October 2017, 9 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 December 2023, Voices of Tomorrow reported income of $12.3m and spending of $11.9m, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.8m to $12.3m (+565%), an average of +61% a year. The sharpest change came in the year to December 2021, when income rose by 94%. 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, Voices of Tomorrow sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 97th percentile within WA. Charities of a similar size with the same main cause include College Preparatory & Leadership Academy of High Point ($12.2m), Ticket to Dream Foundation ($12.3m) and Michigan Masonic Charitable Foundation ($12.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $352k (3.0% of expenses). Other salaries and wages came to $4.6m. At year end it held assets of $11.5m against liabilities of $7.6m, net assets of $3.9m. It reported 139 employees.