Friends of Sharing the Dream in Guatemala

Analysis

Friends of Sharing the Dream in Guatemala is a registered charity in United States, based in Sioux Falls, SD. It received its IRS tax-exemption ruling in September 2004, 22 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, Friends of Sharing the Dream in Guatemala reported income of $247k and spending of $240k, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $188k to $247k (+31%), an average of +7.0% a year. The sharpest change came in the year to December 2023, when income rose by 53%. Over the whole period it spent 93% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Friends of Sharing the Dream in Guatemala sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 56th percentile within SD. Charities of a similar size with the same main cause include New Orleans Citizen Diplomacy Council Inc ($247k), Pure Water for All Foundation Inc ($247k) and Social Inquiry Inc ($246k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 44% and program service revenue 6.7% of the total. Compensation of current officers, directors and key employees was $43k (18% of expenses). Other salaries and wages came to $14k. At year end it held assets of $245k against liabilities of $7,630, net assets of $237k. It reported 5 employees.