Construct Tomorrow

Analysis

Construct Tomorrow is a registered charity in United States, based in Minneapolis, MN. It received its IRS tax-exemption ruling in September 2015, 11 years ago. Its declared purposes cover employment, which this site groups under community and economic 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, Construct Tomorrow reported income of $75k and spending of $90k, spending 121% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $105k to $75k (-29%), an average of -29% a year. The sharpest change came in the year to December 2023, when income dropped by 29%. Over the whole period it spent 113% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Construct Tomorrow sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 26th percentile within MN. Charities of a similar size with the same main cause include Erie Technology Incubator Inc ($75k), Eckhart Library Foundation Inc ($75k) and We See Greatness in You Inc ($75k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $76k against liabilities of $1,382, net assets of $75k.