Americans for a Better Tomorrow Inc

Analysis

Americans for a Better Tomorrow Inc is a registered charity in United States, based in Sun City, AZ. It received its IRS tax-exemption ruling in August 1994, 32 years ago. 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, Americans for a Better Tomorrow Inc reported income of $115k and spending of $102k, spending 89% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $108k to $115k (+6.1%), an average of +6.1% a year. Over the whole period it spent 86% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Americans for a Better Tomorrow Inc sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 38th percentile within AZ. Charities of a similar size with the same main cause include Habitat for Humanity International Inc ($115k), Love in Action Mission Rest Home Inc ($115k) and National Tec Conference ($115k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $58k against liabilities of $2,004, net assets of $56k.