Building Tomorrow Inc

Analysis

Building Tomorrow Inc is a registered charity in United States, based in Indianapolis, IN. It received its IRS tax-exemption ruling in January 2007, 19 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 December 2023, Building Tomorrow Inc reported income of $6.8m and spending of $4.2m, leaving 38% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.2m to $6.8m (+214%), an average of +33% a year. The sharpest change came in the year to December 2023, when income rose by 89%. Over the whole period it spent 79% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Building Tomorrow Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 94th percentile within IN. Charities of a similar size with the same main cause include Pacific Institute for Studies in Development Environment and Securi ($6.8m), Junior Achievement of Greater Washington ($6.8m) and Magic Bus USA ($6.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% and program service revenue 1.3% of the total. Compensation of current officers, directors and key employees was $427k (10% of expenses). Other salaries and wages came to $219k. At year end it held assets of $5.3m against liabilities of $33k, net assets of $5.3m. It reported 8 employees.