Butterfly Dreamz Inc

Analysis

Butterfly Dreamz Inc is a registered charity in United States, based in Gary, IN. It received its IRS tax-exemption ruling in July 2016, 10 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 June 2024, Butterfly Dreamz Inc reported income of $421k and spending of $420k, spending 100% of its income. Across the 4 years on record, from June 2021 to June 2024, income grew from $201k to $421k (+109%), an average of +28% a year. The sharpest change came in the year to June 2022, when income rose by 66%. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Butterfly Dreamz Inc sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 67th percentile within IN. Charities of a similar size with the same main cause include North Carolina Down Syndrome Alliance Inc ($421k), Southern Ohio Area Task Force on Domestic Violence ($421k) and West Virginia Casa Association Inc ($421k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 77% and program service revenue 23% of the total. At year end it held assets of $126k against liabilities of $0, net assets of $126k.