Olivias Dream

Analysis

Olivias Dream is a registered charity in United States, based in Lakewood, OH. It received its IRS tax-exemption ruling in November 2021, 5 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Olivias Dream reported income of $54k and spending of $50k, spending 92% of its income. Across the 2 years on record, from June 2023 to June 2024, income grew from $37k to $54k (+45%), an average of +45% a year. The sharpest change came in the year to June 2024, when income rose by 45%. Over the whole period it spent 107% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Olivias Dream sits at the 19th percentile: it is larger than about 19% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 21st percentile within OH. Charities of a similar size with the same main cause include Gaad Foundation Inc ($54k), Team Kaden Foundation ($54k) and Helps on the Way Inc ($54k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 42% of the total. At year end it held assets of $35k against liabilities of $11k, net assets of $24k.