Believe in a Dream

Analysis

Believe in a Dream is a registered charity in United States, based in Fort Wayne, IN. It received its IRS tax-exemption ruling in April 2012, 14 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 June 2023, Believe in a Dream reported income of $251k and spending of $230k, spending 92% of its income. Across the 2 years on record, from June 2022 to June 2023, income grew from $167k to $251k (+50%), an average of +50% a year. The sharpest change came in the year to June 2023, when income rose by 50%. Over the whole period it spent 96% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Believe in a Dream sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 58th percentile within IN. Charities of a similar size with the same main cause include Dancing Kids Fundraising ($251k), Association of Paroling Authorities International ($251k) and Sarang Korean School ($251k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 105% of the total. Compensation of current officers, directors and key employees was $57k (25% of expenses). Other salaries and wages came to $78k. At year end it held assets of $175k against liabilities of $2,001, net assets of $173k. It reported 6 employees.