Dream Fund

Analysis

Dream Fund is a registered charity in United States, based in Coppell, TX. It received its IRS tax-exemption ruling in April 1998, 28 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Dream Fund reported income of $104k and spending of $144k, spending 139% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $131k to $104k (-20%), an average of -5.6% a year. The sharpest change came in the year to December 2023, when income rose by 40%. Over the whole period it spent 127% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Dream Fund sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 41st percentile within TX. Charities of a similar size with the same main cause include Freedom for Fido Inc ($104k), Siskiyou Mutal Aid Cooperative ($104k) and Care-A-Van Ministries Inc ($104k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 164% of the total. Compensation of current officers, directors and key employees was $66k (46% of expenses). At year end it held assets of $336k against liabilities of $0, net assets of $336k.