Forever Dreamers Inc

Analysis

Forever Dreamers Inc is a registered charity in United States, based in Pompano Beach, FL. It received its IRS tax-exemption ruling in March 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 (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, Forever Dreamers Inc reported income of $156k and spending of $112k, leaving 28% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $124k to $156k (+26%), an average of +26% a year. The sharpest change came in the year to December 2023, when income rose by 26%. Over the whole period it spent 50% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Forever Dreamers Inc sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 52nd percentile within FL. Charities of a similar size with the same main cause include Sisters of Nia Incorporated ($156k), Carol Stream Youth Football Association ($156k) and Olton Jr Livestock Show Association ($156k).

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 $147k against liabilities of $0, net assets of $147k.