Andrew Gomez Dream Foundation

Analysis

Andrew Gomez Dream Foundation is a registered charity in United States, based in Sandy, UT. It received its IRS tax-exemption ruling in July 2007, 19 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Andrew Gomez Dream Foundation reported income of $898k and spending of $1.0m, spending 112% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.3m to $898k (-33%), an average of -9.6% a year. The sharpest change came in the year to December 2021, when income rose by 57%. Over the whole period it spent 96% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Andrew Gomez Dream Foundation sits at the 75th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 76th percentile within UT. Charities of a similar size with the same main cause include Lourdes Foundation Inc ($898k), Resilient Communities Resilient Futures Inc ($898k) and Digital Collegium ($898k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $608k against liabilities of $4,353, net assets of $603k.