Dream Come True of Western Connecticut Inc

Analysis

Dream Come True of Western Connecticut Inc is a registered charity in United States, based in Danbury, CT. It received its IRS tax-exemption ruling in September 1991, 35 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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 June 2023, Dream Come True of Western Connecticut Inc reported income of $75k and spending of $47k, leaving 38% of income unspent that year. Across the 4 years on record, from June 2019 to June 2023, income fell from $190k to $75k (-61%), an average of -27% a year. The sharpest change came in the year to June 2023, when income rose by 178%. Over the whole period it spent 63% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Dream Come True of Western Connecticut Inc sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 27th percentile within CT. Charities of a similar size with the same main cause include Pocahontas Community Healthcare Foundation ($75k), Mary Diaz Pancreatic Cancer Fund ($75k) and Recurrent Pregnancy Loss Association ($75k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 15% of the total. At year end it held assets of $546k against liabilities of $0, net assets of $546k.