Building Dreams for Marines Inc

Analysis

Building Dreams for Marines Inc is a registered charity in United States, based in Nashua, NH. It received its IRS tax-exemption ruling in August 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, Building Dreams for Marines Inc reported income of $208k and spending of $205k, spending 99% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $175k to $208k (+19%), an average of +8.9% a year. The sharpest change came in the year to December 2023, when income rose by 135%. Over the whole period it spent 76% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Building Dreams for Marines Inc sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 57th percentile within NH. Charities of a similar size with the same main cause include Great Marriages for Sheboygan County Inc ($208k), Fargo Moorhead Coalition for Homeless Persons ($208k) and Backpack Friends Incorporated ($208k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 84% of the total. At year end it held assets of $385k against liabilities of $0, net assets of $385k.