Dream Academy Foundation

Analysis

Dream Academy Foundation is a registered charity in United States, based in Plainfield, IL. It received its IRS tax-exemption ruling in March 2018, 8 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 (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, Dream Academy Foundation reported income of $75k and spending of $72k, spending 95% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $62k to $75k (+21%), an average of +9.8% a year. The sharpest change came in the year to December 2023, when income rose by 77%. Over the whole period it spent 85% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Dream Academy Foundation 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 29th percentile, and in the 31st percentile within IL. Charities of a similar size with the same main cause include Bethel Baseball Association Inc ($75k), West Albany Athletic Association Inc ($75k) and Aptos Soccer Club ($75k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 86% of the total. At year end it held assets of $38k against liabilities of $3,339, net assets of $34k.