1team1dream

Analysis

1team1dream is a registered charity in United States, based in Lakeport, CA. It received its IRS tax-exemption ruling in February 2020, 6 years ago. Its declared purposes cover employment, which this site groups under community and economic 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, 1team1dream reported income of $181k and spending of $160k, spending 89% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $147k to $181k (+23%), an average of +23% a year. The sharpest change came in the year to December 2023, when income rose by 23%. Over the whole period it spent 96% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, 1team1dream sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 54th percentile within CA. Charities of a similar size with the same main cause include Evvaylois Foundation ($181k), Planting Possibilities ($181k) and Tri-Valley Medical Foundation ($181k).

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 $28k against liabilities of $200, net assets of $27k.