1000 Dreams Fund

Analysis

1000 Dreams Fund is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in February 2017, 9 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 2022, 1000 Dreams Fund reported income of $325k and spending of $298k, spending 92% of its income. Across the 4 years on record, from December 2019 to December 2022, income grew from $248k to $325k (+31%), an average of +9.4% a year. The sharpest change came in the year to December 2021, when income rose by 41%. Over the whole period it spent 86% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, 1000 Dreams Fund sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 37th percentile within DC. Charities of a similar size with the same main cause include International Society for Photogrammetry & Remote Sensing ($325k), Pennsylvania Restaurant Association Educational Foundation Inc ($325k) and Redwood Parents Nursery School ($325k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $9,899 (3.3% of expenses). At year end it held assets of $258k against liabilities of $8,422, net assets of $249k.