Sweet Dream Makers Inc

Analysis

Sweet Dream Makers Inc is a registered charity in United States, based in Boca Raton, FL. It received its IRS tax-exemption ruling in November 2016, 10 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, Sweet Dream Makers Inc reported income of $2.2m and spending of $2.3m, spending 106% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $875k to $2.2m (+147%), an average of +25% a year. The sharpest change came in the year to December 2020, when income rose by 42%. Over the whole period it spent 86% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Sweet Dream Makers Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 88th percentile within FL. Charities of a similar size with the same main cause include Reach for Uganda Inc ($2.2m), Community Shares of Colorado Inc ($2.2m) and Stamford Public Education Foundation Inc ($2.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 68% of the total. Compensation of current officers, directors and key employees was $90k (3.9% of expenses). Other salaries and wages came to $206k. At year end it held assets of $1.7m against liabilities of $250k, net assets of $1.4m. It reported 5 employees.