Scopa Has a Dream Inc

Analysis

Scopa Has a Dream Inc is a registered charity in United States, based in Healdsburg, CA. It received its IRS tax-exemption ruling in September 2011, 15 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Scopa Has a Dream Inc reported income of $2.7m and spending of $2.7m, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.5m to $2.7m (+9.2%), an average of +2.2% a year. The sharpest change came in the year to December 2020, when income rose by 59%. Over the whole period it spent 101% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Scopa Has a Dream Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 89th percentile within CA. Charities of a similar size with the same main cause include Equality Pathways to Potential ($2.7m), Young People in Recovery ($2.7m) and Bethel Family Resource Center ($2.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% of the total. Compensation of current officers, directors and key employees was $91k (3.3% of expenses). Other salaries and wages came to $799k. At year end it held assets of $1.3m against liabilities of $301k, net assets of $955k. It reported 14 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.