Dream It Forward Foundation Inc

Analysis

Dream It Forward Foundation Inc is a registered charity in United States, based in Fayetteville, GA. It received its IRS tax-exemption ruling in March 2015, 11 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Dream It Forward Foundation Inc reported income of $289k and spending of $289k, spending 100% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $203k to $289k (+43%), an average of +19% a year. The sharpest change came in the year to December 2023, when income rose by 175%. Over the whole period it spent 103% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Dream It Forward Foundation Inc sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 65th percentile within GA. Charities of a similar size with the same main cause include Clark County Parent Cooperative Inc ($289k), Beverly Hills Womens Club ($290k) and Special Needs Developmentally Challenged Foundation ($289k).

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 $62k (22% of expenses). Other salaries and wages came to $33k. At year end it held assets of $0 against liabilities of $0, net assets of $0. It reported 2 employees.