Education for Tomorrow Alliance

Analysis

Education for Tomorrow Alliance is a registered charity in United States, based in Conroe, TX. It received its IRS tax-exemption ruling in January 1995, 31 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 August 2023, Education for Tomorrow Alliance reported income of $316k and spending of $282k, spending 89% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $256k to $316k (+24%), an average of +5.4% a year. The sharpest change came in the year to August 2022, when income rose by 26%. Over the whole period it spent 90% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Education for Tomorrow Alliance sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 67th percentile within TX. Charities of a similar size with the same main cause include Teach Our Children Fund Inc ($316k), Knights Booster Foundation ($316k) and Lyric Fest ($316k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 76% and program service revenue 9.1% of the total. Compensation of current officers, directors and key employees was $111k (39% of expenses). Other salaries and wages came to $58k. At year end it held assets of $362k against liabilities of $19k, net assets of $343k. It reported 4 employees.