Future Leaders of Tomorrow Inc

Analysis

Future Leaders of Tomorrow Inc is a registered charity in United States, based in Milwaukee, WI. It received its IRS tax-exemption ruling in May 2018, 8 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 December 2023, Future Leaders of Tomorrow Inc reported income of $92k and spending of $67k, leaving 27% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $165k to $92k (-45%), an average of -44% a year. The sharpest change came in the year to December 2023, when income dropped by 45%. Over the whole period it spent 83% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Future Leaders of Tomorrow Inc sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 33rd percentile within WI. Charities of a similar size with the same main cause include Pacific Bridge Club Inc ($92k), Pendleton Swim Club ($92k) and Pirate Youth Athletic Association Inc ($92k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 76% of the total. At year end it held assets of $135k against liabilities of $11k, net assets of $124k.