Youth for Tomorrow Foundation

Analysis

Youth for Tomorrow Foundation is a registered charity in United States, based in Bristow, VA. It received its IRS tax-exemption ruling in October 2016, 10 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. The IRS classifies it as a supporting organisation (type iii functionally integrated) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Youth for Tomorrow Foundation reported income of $5.5m and spending of $4.7m, spending 85% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.6m to $5.5m (+247%), an average of +36% a year. The sharpest change came in the year to June 2021, when income rose by 365%. Over the whole period it spent 92% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Youth for Tomorrow Foundation 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 VA. Charities of a similar size with the same main cause include Northstar Foundation ($5.5m), Girl Scouts of the Green and White Mountains ($5.5m) and United Playaz Inc ($5.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 43% and program service revenue 21% of the total. At year end it held assets of $49.2m against liabilities of $7.0m, net assets of $42.3m.