The Dream Big Foundation

Analysis

The Dream Big Foundation is a registered charity in United States, based in Babylon, NY. It received its IRS tax-exemption ruling in November 2006, 20 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a private non-operating foundation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2020, The Dream Big Foundation reported income of $860k and spending of $181k, leaving 79% of income unspent that year. Across the 2 years on record, from December 2019 to December 2020, income grew from $348k to $860k (+147%), an average of +147% a year. The sharpest change came in the year to December 2020, when income rose by 147%. Over the whole period it spent 47% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, The Dream Big Foundation sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 73rd percentile within NY. Charities of a similar size with the same main cause include Aaron Nutritional Services Inc ($860k), Pine Lake Fund ($861k) and Trinity Faiths Place Inc ($860k).

On its Form 990 for the period ending December 2020, revenue came from contributions and grants 41% of the total. At year end it held assets of $1.6m against liabilities of $5,139, net assets of $1.6m.