Catching the Dream

Analysis

Catching the Dream is a registered charity in United States, based in Albuquerque, NM. It received its IRS tax-exemption ruling in June 1988, 38 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2024, Catching the Dream reported income of $626k and spending of $382k, leaving 39% of income unspent that year. Across the 5 years on record, from June 2019 to June 2024, income fell from $762k to $626k (-18%), an average of -4.8% a year. The sharpest change came in the year to June 2024, when income rose by 53%. Over the whole period it spent 92% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Catching the Dream sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 72nd percentile within NM. Charities of a similar size with the same main cause include Plum Tree Educational Services ($626k), Ainesis Christian School of the Arts Inc ($626k) and Top Notch Scholars Inc ($626k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 92% of the total. Other salaries and wages came to $124k. At year end it held assets of $2.3m against liabilities of $6,519, net assets of $2.3m. It reported 2 employees.