Management Leadership for Tomorrow

Analysis

Management Leadership for Tomorrow is a registered charity in United States, based in Bethesda, MD. It received its IRS tax-exemption ruling in November 1992, 34 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Management Leadership for Tomorrow reported income of $36.3m and spending of $41.0m, spending 113% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $14.0m to $36.3m (+159%), an average of +27% a year. The sharpest change came in the year to December 2020, when income rose by 145%. Over the whole period it spent 79% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Management Leadership for Tomorrow sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within MD. Charities of a similar size with the same main cause include Culver-Stockton College ($36.3m), Pomfret School Incorporated ($36.3m) and Shady Hill School ($36.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 76% and program service revenue 21% of the total. Compensation of current officers, directors and key employees was $885k (2.2% of expenses). Other salaries and wages came to $20.6m. At year end it held assets of $41.2m against liabilities of $2.6m, net assets of $38.6m. It reported 205 employees.