Adventures to Dreams Enrichment

Analysis

Adventures to Dreams Enrichment is a registered charity in United States, based in Long Beach, CA. It received its IRS tax-exemption ruling in August 2018, 8 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Adventures to Dreams Enrichment reported income of $123k and spending of $197k, spending 160% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $272k to $123k (-55%), an average of -55% a year. The sharpest change came in the year to December 2023, when income dropped by 55%. Over the whole period it spent 91% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Adventures to Dreams Enrichment sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 44th percentile within CA. Charities of a similar size with the same main cause include In His Image Pregnancy Resource Center Inc ($123k), Mano a Mano Foundation ($123k) and Caap Place of Home Incorporated ($123k).

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 $40k against liabilities of $2,864, net assets of $37k.