Keeping Inspired Dreams Sound Inc

Analysis

Keeping Inspired Dreams Sound Inc is a registered charity in United States, based in Royal PLM BCH, FL. It received its IRS tax-exemption ruling in June 2019, 7 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Keeping Inspired Dreams Sound Inc reported income of $83k and spending of $83k, spending 100% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $38k to $83k (+120%), an average of +120% a year. The sharpest change came in the year to December 2023, when income rose by 120%. Over the whole period it spent 100% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Keeping Inspired Dreams Sound Inc sits at the 35th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 35th percentile within FL. Charities of a similar size with the same main cause include New Beginnings Leadership Business and Indivdal Developmnt Centr Inc ($83k), Maumee Band Parents Organization Inc ($83k) and Fireside Elementary School Parent Teacher Organization Inc ($83k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $246 against liabilities of $0, net assets of $246.