Fulfilling a Dream Fund Inc

Analysis

Fulfilling a Dream Fund Inc is a registered charity in United States, based in Mount Vernon, NY. It received its IRS tax-exemption ruling in November 2005, 21 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Fulfilling a Dream Fund Inc reported income of $114k and spending of $120k, spending 106% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $165k to $114k (-31%), an average of -31% a year. The sharpest change came in the year to December 2023, when income dropped by 31%. Over the whole period it spent 100% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Fulfilling a Dream Fund Inc sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 39th percentile within NY. Charities of a similar size with the same main cause include 49 Writers Inc ($114k), Amigo de LA Academia Sandoval ($114k) and Rich Pond Elementary PTO Inc ($114k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 65% of the total. At year end it held assets of $31k against liabilities of $2,000, net assets of $29k.