Dare to Dream Childrens Foundation

Analysis

Dare to Dream Childrens Foundation is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in March 1991, 35 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, Dare to Dream Childrens Foundation reported income of $57k and spending of $63k, spending 110% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $67k to $57k (-15%), an average of -3.9% a year. Over the whole period it spent 93% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Dare to Dream Childrens Foundation sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 23rd percentile within TX. Charities of a similar size with the same main cause include Crowdera Foundation ($57k), Share Life United Appeal Fund ($57k) and National Charity League Inc Orchard Valley Chapter ($57k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $26k (41% of expenses). At year end it held assets of $65k against liabilities of $636, net assets of $65k. It reported 1 employees.