Samarc Dream and Achieve Foundation Inc

Analysis

Samarc Dream and Achieve Foundation Inc is a registered charity in United States, based in Conyers, GA. It received its IRS tax-exemption ruling in September 2006, 20 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, Samarc Dream and Achieve Foundation Inc reported income of $67k and spending of $64k, spending 96% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $51k to $67k (+32%), an average of +32% a year. The sharpest change came in the year to December 2023, when income rose by 32%. Over the whole period it spent 101% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Samarc Dream and Achieve Foundation Inc sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 27th percentile within GA. Charities of a similar size with the same main cause include RJS Kids ($67k), Quality of Life Connections ($67k) and Norwood Boys Club of Oliver Springs ($67k).

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 $4,398 against liabilities of $0, net assets of $4,398.