Dream for Nations Incorporated

Analysis

Dream for Nations Incorporated is a registered charity in United States, based in Annapolis, MD. It received its IRS tax-exemption ruling in November 2012, 14 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, Dream for Nations Incorporated reported income of $220k and spending of $221k, spending 101% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $214k to $220k (+2.4%), an average of +1.2% a year. Over the whole period it spent 102% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Dream for Nations Incorporated sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 56th percentile within MD. Charities of a similar size with the same main cause include Imagine Her - Ih ($220k), World Health Services Inc ($220k) and Something Deeper Ministries Sdm-Usa ($219k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $106k (48% of expenses). At year end it held assets of $3,781 against liabilities of $0, net assets of $3,781. It reported 1 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.