Chelseys Dream Foundation

Analysis

Chelseys Dream Foundation is a registered charity in United States, based in Anamosa, IA. It received its IRS tax-exemption ruling in August 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 (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, Chelseys Dream Foundation reported income of $260k and spending of $222k, spending 85% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $149k to $260k (+74%), an average of +74% a year. The sharpest change came in the year to December 2023, when income rose by 74%. Over the whole period it spent 92% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Chelseys Dream Foundation sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 60th percentile within IA. Charities of a similar size with the same main cause include Cancer Resource Center of the Hudson Valley Inc ($260k), Our Community Kitchen LLC ($260k) and Holy Cross Conference ($260k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 54% of the total. At year end it held assets of $125k against liabilities of $0, net assets of $125k.