School of Dreams Education Foundation

Analysis

School of Dreams Education Foundation is a registered charity in United States, based in Los Lunas, NM. It received its IRS tax-exemption ruling in May 2013, 13 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, School of Dreams Education Foundation reported income of $688k and spending of $646k, spending 94% of its income. Across the 4 years on record, from December 2018 to December 2023, income grew from $225k to $688k (+206%), an average of +45% a year. The sharpest change came in the year to December 2020, when income rose by 144%. Over the whole period it spent 124% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, School of Dreams Education Foundation sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 73rd percentile within NM. Charities of a similar size with the same main cause include Eastern Ridge School ($687k), Jose Valdes Math Foundation ($688k) and Lakeside Presbyterian Church Kindergarten-Preschool Inc ($687k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $4.8m against liabilities of $5.9m, net assets of -$1.2m.