1 Dream Foundation Inc

Analysis

1 Dream Foundation Inc is a registered charity in United States, based in SN Luis Obisp, CA. It received its IRS tax-exemption ruling in August 2007, 19 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, 1 Dream Foundation Inc reported income of $142k and spending of $133k, spending 94% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $2,768 to $142k (+5014%), an average of +615% a year. The sharpest change came in the year to December 2022, when income rose by 1688%. Over the whole period it spent 93% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, 1 Dream Foundation Inc sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 48th percentile within CA. Charities of a similar size with the same main cause include Oregon State Beekeepers Association ($142k), Polska Szkola Im Adama Mickiewicza ($142k) and Safe 4 Communities ($142k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $22k against liabilities of $0, net assets of $22k.