I Have a Dream Foundation of Miami Inc

Analysis

I Have a Dream Foundation of Miami Inc is a registered charity in United States, based in Sunny Isl BCH, FL. It received its IRS tax-exemption ruling in September 2015, 11 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, I Have a Dream Foundation of Miami Inc reported income of $894k and spending of $604k, leaving 32% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $726k to $894k (+23%), an average of +5.3% a year. The sharpest change came in the year to December 2022, when income rose by 51%. Over the whole period it spent 47% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, I Have a Dream Foundation of Miami Inc sits at the 74th 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 80th percentile within FL. Charities of a similar size with the same main cause include Madison Waldorf School Ltd ($894k), Collegian Inc ($894k) and The Vegan Awareness Foundation ($893k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 72% of the total. Compensation of current officers, directors and key employees was $157k (26% of expenses). Other salaries and wages came to $126k. At year end it held assets of $4.8m against liabilities of $7,051, net assets of $4.8m. It reported 21 employees.