Dream N Achieve Inc

Analysis

Dream N Achieve Inc is a registered charity in United States, based in Pine Brook, NJ. It received its IRS tax-exemption ruling in February 2022, 4 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 December 2023, Dream N Achieve Inc reported income of $367k and spending of $114k, leaving 69% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $297k to $367k (+24%), an average of +24% a year. The sharpest change came in the year to December 2023, when income rose by 24%. Over the whole period it spent 34% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Dream N Achieve Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 71st percentile within NJ. Charities of a similar size with the same main cause include Friends of Martin Luther King Jr Charter School of Excellence Inc ($367k), Reinlaender Mennonite School West Side Inc ($367k) and Pleasant View Missionalry Baptist C ($367k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% of the total. At year end it held assets of $595k against liabilities of $0, net assets of $595k.