Kakenyas Dream

Analysis

Kakenyas Dream is a registered charity in United States, based in Arlington, VA. It received its IRS tax-exemption ruling in June 2009, 17 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Kakenyas Dream reported income of $2.1m and spending of $2.0m, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.3m to $2.1m (+56%), an average of +12% a year. The sharpest change came in the year to December 2020, when income rose by 53%. Over the whole period it spent 90% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Kakenyas Dream sits at the 83rd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 87th percentile within VA. Charities of a similar size with the same main cause include Telluride Association Inc ($2.1m), The Woodstock Foundation Inc ($2.1m) and Brea H O P E Inc ($2.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $273k (13% of expenses). Other salaries and wages came to $319k. At year end it held assets of $3.5m against liabilities of $45k, net assets of $3.4m. It reported 9 employees.