Positive Tomorrows Inc

Analysis

Positive Tomorrows Inc is a registered charity in United States, based in Oklahoma City, OK. It received its IRS tax-exemption ruling in February 1992, 34 years ago. Its declared purposes cover youth development, which this site groups under children and youth 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 June 2023, Positive Tomorrows Inc reported income of $4.8m and spending of $3.7m, leaving 23% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $4.3m to $4.8m (+12%), an average of +2.9% a year. The sharpest change came in the year to June 2021, when income rose by 34%. Over the whole period it spent 72% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Positive Tomorrows Inc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 93rd percentile within OK. Charities of a similar size with the same main cause include Next One Up Foundation Inc ($4.8m), Boys & Girls Club of Tracy Inc ($4.8m) and Big Brothers & Big Sisters of Colorado Inc ($4.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 95% of the total. Compensation of current officers, directors and key employees was $134k (3.6% of expenses). Other salaries and wages came to $1.8m. At year end it held assets of $17.4m against liabilities of $230k, net assets of $17.2m. It reported 56 employees.