Dream Bigger Community Institute

Analysis

Dream Bigger Community Institute is a registered charity in United States, based in Baltimore, MD. It received its IRS tax-exemption ruling in January 2019, 7 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, Dream Bigger Community Institute reported income of $81k and spending of $115k, spending 141% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $170k to $81k (-52%), an average of -52% a year. The sharpest change came in the year to December 2023, when income dropped by 52%. Over the whole period it spent 94% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Dream Bigger Community Institute sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 33rd percentile within MD. Charities of a similar size with the same main cause include Pembroke Titans Football & Cheerleading Inc ($81k), Marilynn Smith and Founders Legacy Foundation ($81k) and Brothers Organized to Serve Others Incorporated ($81k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 24% and program service revenue 76% of the total. At year end it held assets of $23k against liabilities of $0, net assets of $23k.