Dream Car Network Inc

Analysis

Dream Car Network Inc is a registered charity in United States, based in Seattle, WA. It received its IRS tax-exemption ruling in July 2016, 10 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, Dream Car Network Inc reported income of $61k and spending of $66k, spending 109% of what it took in. Across the 2 years on record, from December 2021 to December 2023, income grew from $52k to $61k (+19%), an average of +18% a year. The sharpest change came in the year to December 2023, when income rose by 19%. Over the whole period it spent 97% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Dream Car Network Inc sits at the 19th percentile: it is larger than about 19% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 18th percentile within WA. Charities of a similar size with the same main cause include DV Farm ($61k), Kidneys Quest Foundation Inc ($61k) and More Than Walking Incorporated ($61k).

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 $17k against liabilities of $0, net assets of $17k.