China Tomorrow Education Foundation

Analysis

China Tomorrow Education Foundation is a registered charity in United States, based in Bellevue, WA. It received its IRS tax-exemption ruling in November 2001, 25 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 December 2023, China Tomorrow Education Foundation reported income of $143k and spending of $206k, spending 143% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $210k to $143k (-32%), an average of -9.1% a year. The sharpest change came in the year to December 2021, when income dropped by 17%. Over the whole period it spent 88% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, China Tomorrow Education Foundation sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 42nd percentile within WA. Charities of a similar size with the same main cause include American Freedom Liberty Foundation Inc ($143k), Middlebury Music Parents Association Inc ($143k) and Oremundo Inc ($143k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% of the total. At year end it held assets of $476k against liabilities of $0, net assets of $476k.