Feeding Dreams Inc

Analysis

Feeding Dreams Inc is a registered charity in United States, based in Naples, FL. It received its IRS tax-exemption ruling in December 2015, 11 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 July 2023, Feeding Dreams Inc reported income of $819k and spending of $738k, spending 90% of its income. Across the 5 years on record, from July 2019 to July 2023, income grew from $755k to $819k (+8.4%), an average of +2.0% a year. The sharpest change came in the year to July 2023, when income rose by 23%. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Feeding Dreams Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 79th percentile within FL. Charities of a similar size with the same main cause include Devalles Memorial Family Service Center Inc ($819k), Open Arms Foundation ($819k) and Hope Acts ($819k).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 90% of the total. Other salaries and wages came to $109k. At year end it held assets of $292k against liabilities of $18k, net assets of $275k.