Ican Dream Foundation Inc

Analysis

Ican Dream Foundation Inc is a registered charity in United States, based in Tinley Park, IL. It received its IRS tax-exemption ruling in August 2021, 5 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Ican Dream Foundation Inc reported income of $421k and spending of $94k, leaving 78% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $186k to $421k (+126%), an average of +126% a year. The sharpest change came in the year to December 2023, when income rose by 126%. Over the whole period it spent 28% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Ican Dream Foundation Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 67th percentile within IL. Charities of a similar size with the same main cause include Maywood Cooperative Nursery School Inc ($421k), Adamstown Area Library ($421k) and Loma Public Education Fund ($421k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 103% of the total. At year end it held assets of $470k against liabilities of $150, net assets of $470k.