David S Dream and Believe Cancer Foundation Inc

Analysis

David S Dream and Believe Cancer Foundation Inc is a registered charity in United States, based in Manahawkin, NJ. It received its IRS tax-exemption ruling in January 2011, 15 years ago. Its declared purposes cover diseases, disorders and medical disciplines, which this site groups under health and saving lives. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, David S Dream and Believe Cancer Foundation Inc reported income of $561k and spending of $599k, spending 107% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $661k to $561k (-15%), an average of -4.0% a year. The sharpest change came in the year to December 2021, when income rose by 30%. Over the whole period it spent 98% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, David S Dream and Believe Cancer Foundation Inc sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 76th percentile within NJ. Charities of a similar size with the same main cause include Academy of Spinal Cord Injury Professionals Inc ($561k), SSCHC Real Estate Inc ($562k) and The Neuromuscular Disease Foundation ($561k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 92% of the total. Compensation of current officers, directors and key employees was $165k (28% of expenses). At year end it held assets of $142k against liabilities of $402, net assets of $141k. It reported 2 employees.