I Have a Dream Foundation -Milwaukee Inc

Analysis

I Have a Dream Foundation -Milwaukee Inc is a registered charity in United States, based in Milwaukee, WI. It received its IRS tax-exemption ruling in June 2012, 14 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, I Have a Dream Foundation -Milwaukee Inc reported income of $436k and spending of $396k, spending 91% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $1.2m to $436k (-62%), an average of -62% a year. The sharpest change came in the year to December 2023, when income dropped by 62%. Over the whole period it spent 28% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, I Have a Dream Foundation -Milwaukee Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 68th percentile within WI. Charities of a similar size with the same main cause include Kingdom Preparatory Academy ($436k), Aggrandize Global ($437k) and Neosho Christian Schools ($436k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $39k (9.8% of expenses). Other salaries and wages came to $169k. At year end it held assets of $1.2m against liabilities of $23k, net assets of $1.2m. It reported 3 employees.