Delivering Dreams of Arizona

Analysis

Delivering Dreams of Arizona is a registered charity in United States, based in Phoenix, AZ. It received its IRS tax-exemption ruling in September 1964, 62 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 May 2023, Delivering Dreams of Arizona reported income of $2.3m and spending of $1.9m, spending 83% of its income. Across the 5 years on record, from May 2019 to May 2023, income grew from $1.3m to $2.3m (+76%), an average of +15% a year. The sharpest change came in the year to May 2020, when income rose by 37%. Over the whole period it spent 75% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Delivering Dreams of Arizona sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 84th percentile within AZ. Charities of a similar size with the same main cause include Project Hope Charities Inc ($2.3m), Goodkids Village Inc ($2.3m) and Safe Passage Inc ($2.3m).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 96% of the total. Compensation of current officers, directors and key employees was $184k (9.8% of expenses). Other salaries and wages came to $425k. It paid $38k in professional fundraising fees. At year end it held assets of $5.6m against liabilities of $101k, net assets of $5.5m. It reported 8 employees.