Doors to Dream

Analysis

Doors to Dream is a registered charity in United States, based in Charleston, SC. It received its IRS tax-exemption ruling in October 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Doors to Dream reported income of $135k and spending of $127k, spending 94% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $127k to $135k (+6.0%), an average of +6.0% a year. Over the whole period it spent 98% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Doors to Dream sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 50th percentile within SC. Charities of a similar size with the same main cause include West U Rotary Club Foundation ($135k), Perkiomen Valley School District Foundation ($135k) and Kiwanis Club of Conway Arkansas ($135k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $82k. At year end it held assets of $146k against liabilities of $0, net assets of $146k. It reported 2 employees.