Dibia Dream Inc

Analysis

Dibia Dream Inc is a registered charity in United States, based in Miami, FL. It received its IRS tax-exemption ruling in October 2014, 12 years ago. 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 2021, Dibia Dream Inc reported income of $1.5m and spending of $738k, leaving 51% of income unspent that year. Across the 3 years on record, from December 2019 to December 2021, income grew from $833k to $1.5m (+80%), an average of +34% a year. The sharpest change came in the year to December 2021, when income rose by 358%. Over the whole period it spent 72% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Dibia Dream Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 85th percentile within FL. Charities of a similar size with the same main cause include St Johns-St Vincents Home Inc ($1.5m), United Ways of the Pacific Northwest ($1.5m) and Desert Forum Inc ($1.5m).

On its Form 990 for the period ending December 2021, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $102k (14% of expenses). Other salaries and wages came to $171k. At year end it held assets of $811k against liabilities of $88k, net assets of $723k. It reported 25 employees.