Dreamland Boxing

Analysis

Dreamland Boxing is a registered charity in United States, based in San Jose, CA. It received its IRS tax-exemption ruling in November 2004, 22 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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, Dreamland Boxing reported income of $400k and spending of $305k, leaving 24% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $267k to $400k (+50%), an average of +22% a year. The sharpest change came in the year to December 2023, when income rose by 61%. Over the whole period it spent 81% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Dreamland Boxing sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 68th percentile within CA. Charities of a similar size with the same main cause include St Croix Swim Club ($400k), Triggers Cricket Consortium ($400k) and Halo Sports Inc ($400k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% and program service revenue 0.8% of the total. At year end it held assets of $240k against liabilities of $45k, net assets of $194k.