Dare to Dream Bigger Inc

Analysis

Dare to Dream Bigger Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in March 2017, 9 years ago. Its declared purposes cover food, agriculture and nutrition, 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, Dare to Dream Bigger Inc reported income of $196k and spending of $200k, spending 102% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $200k to $196k (-1.9%), an average of -1.9% a year. Over the whole period it spent 101% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Dare to Dream Bigger Inc sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 51st percentile within NY. Charities of a similar size with the same main cause include Callaway Senior Centers ($196k), Pleasant Beginnings Inc ($196k) and Parity Inc ($196k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $14k against liabilities of $0, net assets of $14k.