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Grant a Dream Foundation

RegisteredEIN 82-4551287Erie, COGrant-making and general purposes
Income$122k2023-12
Spending$115ksame year
Spent / received118%2-year average
Size in its cause47th pctGrant-making and general purposes
Exempt since2018Publicly supported organisat
Employees–latest return

Analysis

Grant a Dream Foundation is a registered charity in United States, based in Erie, CO. It received its IRS tax-exemption ruling in April 2018, 8 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, Grant a Dream Foundation reported income of $122k and spending of $115k, spending 95% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $68k to $122k (+79%), an average of +79% a year. The sharpest change came in the year to December 2023, when income rose by 79%. Over the whole period it spent 118% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Grant a Dream Foundation sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 38th percentile within CO. Charities of a similar size with the same main cause include Webster Electric Foundation Inc ($122k), Employee First Fund ($122k) and Hull Foundation Inc ($122k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 85% of the total. At year end it held assets of $31k against liabilities of $2,807, net assets of $28k.

Income and spending

$0$30k$61k$91k$122k2022 Income: $68,0682022 Spending: $108,23820222023 Income: $121,9532023 Spending: $115,2952023
IncomeSpending

Where the income comes from

  • Contributions & grants 85%
  • Other 15%

Similar-sized charities, same cause

CharityLocationIncome
Webster Electric Foundation IncMarshfield$122k
Employee First FundCoppell$122k
Hull Foundation IncGreenwood$122k
Walker Area Community FoundationWalker$122k