Dare to Dream Ranch Inc

Analysis

Dare to Dream Ranch Inc is a registered charity in United States, based in Foster, RI. It received its IRS tax-exemption ruling in February 2015, 11 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, Dare to Dream Ranch Inc reported income of $181k and spending of $203k, spending 112% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $224k to $181k (-19%), an average of -10% a year. The sharpest change came in the year to December 2022, when income dropped by 17%. Over the whole period it spent 92% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Dare to Dream Ranch Inc sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 48th percentile within RI. Charities of a similar size with the same main cause include New York Association of School Psychologists Inc ($181k), Nevins Community Services Inc ($181k) and Angel Light Academy ($181k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 84% and program service revenue 0.4% of the total. At year end it held assets of $112k against liabilities of $33k, net assets of $79k.