Innovative Dreamers

Analysis

Innovative Dreamers is a registered charity in United States, based in West Point, MS. It received its IRS tax-exemption ruling in August 2018, 8 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Innovative Dreamers reported income of $61k and spending of $60k, spending 99% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $146k to $61k (-59%), an average of -59% a year. The sharpest change came in the year to December 2023, when income dropped by 59%. Over the whole period it spent 107% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Innovative Dreamers sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 24th percentile within MS. Charities of a similar size with the same main cause include American Friends of Bais Tefila ($61k), Iglesia Manmim Toda LA Creacion USA Inc ($61k) and Iglesia Cristiana Eden Inc ($60k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $578 against liabilities of $0, net assets of $578.