City of Dreams

Analysis

City of Dreams is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in June 2015, 11 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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 2022, City of Dreams reported income of $463k and spending of $645k, spending 139% of what it took in. Across the 3 years on record, from December 2020 to December 2022, income fell from $538k to $463k (-14%), an average of -7.2% a year. The sharpest change came in the year to December 2021, when income rose by 49%. Over the whole period it spent 84% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, City of Dreams sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 71st percentile within CA. Charities of a similar size with the same main cause include Focus Fairies Mentoring ($463k), Communities in Schools of Greenbrier County ($463k) and Resources to Inspire Students & Educators-Dc ($463k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 101% and program service revenue 0.4% of the total. Compensation of current officers, directors and key employees was $77k (12% of expenses). Other salaries and wages came to $274k. At year end it held assets of $361k against liabilities of $26k, net assets of $334k. It reported 7 employees.