The Crystal Dreams Foundation

Analysis

The Crystal Dreams Foundation is a registered charity in United States, based in Irvine, CA. It received its IRS tax-exemption ruling in March 2021, 5 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, The Crystal Dreams Foundation reported income of $523k and spending of $164k, leaving 69% of income unspent that year. Across the 6 years on record, from December 2018 to December 2023, income grew from $200k to $523k (+161%), an average of +21% a year. The sharpest change came in the year to December 2021, when income rose by 546%. Over the whole period it spent 22% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, The Crystal Dreams Foundation sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 72nd percentile within CA. Charities of a similar size with the same main cause include Step Up Bisbee-Naco Inc ($522k), Inland Empire Lighthouse for the Blind Inc ($523k) and Zeina Lorraine Inc ($522k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% and program service revenue 0.0% of the total. Compensation of current officers, directors and key employees was $50k (31% of expenses). At year end it held assets of $2.6m against liabilities of $0, net assets of $2.6m. It reported 1 employees.