Committee for a Constructive Tomorrow

Analysis

Committee for a Constructive Tomorrow is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in May 1987, 39 years ago. 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, Committee for a Constructive Tomorrow reported income of $3.1m and spending of $2.4m, leaving 21% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.4m to $3.1m (+26%), an average of +5.9% a year. The sharpest change came in the year to December 2021, when income rose by 35%. Over the whole period it spent 81% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Committee for a Constructive Tomorrow sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 73rd percentile within DC. Charities of a similar size with the same main cause include The Groundlings ($3.1m), Robert Toombs Christian Academy Inc ($3.1m) and National Kidney Foundation Inc ($3.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 93% and program service revenue 0.1% of the total. Compensation of current officers, directors and key employees was $408k (17% of expenses). Other salaries and wages came to $257k. It paid $98k in professional fundraising fees. At year end it held assets of $3.5m against liabilities of $63k, net assets of $3.5m.