Identify Your Dream Corporation

Analysis

Identify Your Dream Corporation is a registered charity in United States, based in Farmingtn HLS, MI. It received its IRS tax-exemption ruling in November 2015, 11 years ago. Its declared purposes cover mental health and crisis intervention, 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, Identify Your Dream Corporation reported income of $196k and spending of $206k, spending 105% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $216k to $196k (-9.6%), an average of -4.9% a year. The sharpest change came in the year to December 2022, when income rose by 45%. Over the whole period it spent 93% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Identify Your Dream Corporation sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 53rd percentile within MI. Charities of a similar size with the same main cause include Sudden Cardiac Arrest Network ($195k), National Alliance on Mental Illness of Marion County Inc ($196k) and Upmc ($195k).

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 $33k against liabilities of $0, net assets of $33k.