The Dream Bigger Foundation Inc

Analysis

The Dream Bigger Foundation Inc is a registered charity in United States, based in North Hollywood, CA. It received its IRS tax-exemption ruling in July 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, The Dream Bigger Foundation Inc reported income of $231k and spending of $290k, spending 125% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income grew from $62k to $231k (+274%), an average of +55% a year. The sharpest change came in the year to December 2021, when income rose by 305%. Over the whole period it spent 98% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, The Dream Bigger Foundation Inc sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 59th percentile within CA. Charities of a similar size with the same main cause include First in Missouri ($231k), Training Leaders Through Athletics Inc ($231k) and Branson Sports Club Inc ($231k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 13% and program service revenue 87% of the total. At year end it held assets of $17k against liabilities of $3,696, net assets of $13k.