Educate Tomorrow Corp

Analysis

Educate Tomorrow Corp is a registered charity in United States, based in Miami Shores, FL. It received its IRS tax-exemption ruling in September 2004, 22 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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 September 2023, Educate Tomorrow Corp reported income of $3.0m and spending of $2.8m, spending 94% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $2.7m to $3.0m (+9.1%), an average of +2.2% a year. Over the whole period it spent 100% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Educate Tomorrow Corp sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 90th percentile within FL. Charities of a similar size with the same main cause include Center for Survivors of Torture ($3.0m), The Binyamin Fund Inc ($3.0m) and Mediators Foundation Inc ($3.0m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 89% and program service revenue 1.4% of the total. Compensation of current officers, directors and key employees was $299k (11% of expenses). Other salaries and wages came to $1.3m. At year end it held assets of $600k against liabilities of $147k, net assets of $453k. It reported 36 employees.