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Dream Volunteers

RegisteredEIN 27-2998208Mountain View, CAEducation and training
Income$1.1m2023-12
Spending$1.3msame year
Spent / received91%5-year average
Size in its cause76th pctEducation and training
Exempt since2010Publicly supported organisat
Employees15latest return

Analysis

Dream Volunteers is a registered charity in United States, based in Mountain View, CA. It received its IRS tax-exemption ruling in August 2010, 16 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, Dream Volunteers reported income of $1.1m and spending of $1.3m, spending 120% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $955k to $1.1m (+14%), an average of +3.4% a year. The sharpest change came in the year to December 2021, when income rose by 191%. Over the whole period it spent 91% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Dream Volunteers sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 81st percentile within CA. Charities of a similar size with the same main cause include Nur Al-Huda Academy ($1.1m), Network of Enlightened Women Inc ($1.1m) and Jesse White Foundation Ltd ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 28% and program service revenue 69% of the total. Compensation of current officers, directors and key employees was $134k (10% of expenses). Other salaries and wages came to $173k. At year end it held assets of $640k against liabilities of $26k, net assets of $614k. It reported 15 employees.

Income and spending

$0$374k$749k$1.1m$1.5m2019 Income: $955,4912019 Spending: $903,12220192020 Income: $515,4482020 Spending: $563,57620202021 Income: $1,497,4492021 Spending: $751,50120212022 Income: $1,129,5402022 Spending: $1,188,12820222023 Income: $1,091,2172023 Spending: $1,309,5282023
IncomeSpending

Where the income comes from

  • Contributions & grants 28%
  • Program services 69%
  • Other 2.6%

Similar-sized charities, same cause

CharityLocationIncome
Nur Al-Huda AcademyManteca$1.1m
Network of Enlightened Women IncIndianapolis$1.1m
Jesse White Foundation LtdChicago$1.1m
California Asian Pacific Chamber of Commerce FoundationSacramento$1.1m