Dream Big Inc

Analysis

Dream Big Inc is a registered charity in United States, based in Needham, MA. It received its IRS tax-exemption ruling in August 2010, 16 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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 June 2023, Dream Big Inc reported income of $753k and spending of $768k, spending 102% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $561k to $753k (+34%), an average of +7.6% a year. The sharpest change came in the year to June 2020, when income rose by 37%. Over the whole period it spent 98% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Dream Big Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 76th percentile within MA. Charities of a similar size with the same main cause include Volleyball Pensacola Juniors Inc ($753k), Volleyfx Volleyball Club Inc ($753k) and East Coast Conference ($753k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 106% of the total. Compensation of current officers, directors and key employees was $205k (27% of expenses). Other salaries and wages came to $9,707. At year end it held assets of $237k against liabilities of $132k, net assets of $105k. It reported 5 employees.