Dreams Foundation of Acadiana

Analysis

Dreams Foundation of Acadiana is a registered charity in United States, based in Lafayette, LA. It received its IRS tax-exemption ruling in June 2009, 17 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, Dreams Foundation of Acadiana reported income of $236k and spending of $258k, spending 109% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $249k to $236k (-5.1%), an average of -1.3% a year. The sharpest change came in the year to December 2020, when income dropped by 35%. Over the whole period it spent 94% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Dreams Foundation of Acadiana sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 56th percentile within LA. Charities of a similar size with the same main cause include Environment and Human Health Inc ($236k), Aspire Services Center ($237k) and Esselstyn Family Foundation Inc ($236k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 65% and program service revenue 35% of the total. At year end it held assets of $292k against liabilities of $44k, net assets of $248k.