Leadership Tomorrow

Analysis

Leadership Tomorrow is a registered charity in United States, based in Seattle, WA. It received its IRS tax-exemption ruling in April 1983, 43 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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, Leadership Tomorrow reported income of $716k and spending of $704k, spending 98% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $643k to $716k (+11%), an average of +2.7% a year. The sharpest change came in the year to August 2020, when income rose by 21%. 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, Leadership Tomorrow sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 75th percentile within WA. Charities of a similar size with the same main cause include Christlife Inc ($716k), Criminal Defense Attorneys of Michigan ($716k) and Progressive Change Institute ($716k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 45% and program service revenue 46% of the total. Compensation of current officers, directors and key employees was $155k (22% of expenses). Other salaries and wages came to $248k. At year end it held assets of $2.0m against liabilities of $397k, net assets of $1.6m.