Dreamzilla Inc

Analysis

Dreamzilla Inc is a registered charity in United States, based in San Jose, CA. It received its IRS tax-exemption ruling in April 2022, 4 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Dreamzilla Inc reported income of $270k and spending of $39k, leaving 86% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $13k to $270k (+1948%), an average of +1948% a year. The sharpest change came in the year to December 2023, when income rose by 1948%. Over the whole period it spent 17% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Dreamzilla 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 60th percentile, and in the 62nd percentile within CA. Charities of a similar size with the same main cause include Lakeland Pigfest Inc ($270k), B&gc Endowment Foundation Inc ($270k) and C P Center Foundation of Orange County Inc ($269k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% and program service revenue 0.3% of the total. It paid $14k in professional fundraising fees. At year end it held assets of $235k against liabilities of $6,445, net assets of $229k.