Making Dreams Reality

Analysis

Making Dreams Reality is a registered charity in United States, based in Maricopa, AZ. It received its IRS tax-exemption ruling in April 2020, 6 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Making Dreams Reality reported income of $165k and spending of $240k, spending 145% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $169k to $165k (-2.2%), an average of -2.2% a year. Over the whole period it spent 145% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Making Dreams Reality sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 47th percentile within AZ. Charities of a similar size with the same main cause include Bonner Community Housing Agencyincorporated ($165k), Lake Serenity Inc ($165k) and Helen Helping Hand ($165k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 20% of the total. At year end it held assets of $1,517 against liabilities of $159k, net assets of -$157k.