The Dominguez Dream in Memory of H Frank Dominguez

Analysis

The Dominguez Dream in Memory of H Frank Dominguez is a registered charity in United States, based in Sacramento, CA. It received its IRS tax-exemption ruling in June 2006, 20 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general 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 December 2023, The Dominguez Dream in Memory of H Frank Dominguez reported income of $262k and spending of $212k, spending 81% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $249k to $262k (+5.4%), an average of +1.3% a year. The sharpest change came in the year to December 2020, when income rose by 53%. Over the whole period it spent 53% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, The Dominguez Dream in Memory of H Frank Dominguez sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 61st percentile within CA. Charities of a similar size with the same main cause include Spruce Street School PS 397 Parent- Teacher Association Inc ($262k), Executive Director Network Inc ($262k) and Polywogs Charities Inc ($262k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. At year end it held assets of $1.1m against liabilities of $2,510, net assets of $1.1m.