Brees Dream Foundation

Analysis

Brees Dream Foundation is a registered charity in United States, based in Independence, OH. It received its IRS tax-exemption ruling in February 2004, 22 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Brees Dream Foundation reported income of $1.3m and spending of $1.1m, spending 83% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.7m to $1.3m (-24%), an average of -6.7% a year. The sharpest change came in the year to December 2020, when income rose by 137%. Over the whole period it spent 108% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Brees Dream Foundation sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 82nd percentile within OH. Charities of a similar size with the same main cause include Fauna & Flora International USA Inc ($1.3m), Task Force Dagger Foundation ($1.3m) and Saguaros Childrens Charities ($1.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 127% of the total. At year end it held assets of $599k against liabilities of $422k, net assets of $177k.