Ticket to Dream Foundation

Analysis

Ticket to Dream Foundation is a registered charity in United States, based in Roseville, CA. It received its IRS tax-exemption ruling in August 2008, 18 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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 March 2024, Ticket to Dream Foundation reported income of $12.3m and spending of $13.1m, spending 106% of what it took in. Across the 6 years on record, from March 2019 to March 2024, income grew from $6.1m to $12.3m (+102%), an average of +15% a year. The sharpest change came in the year to March 2020, when income rose by 74%. Over the whole period it spent 96% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Ticket to Dream Foundation sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 96th percentile within CA. Charities of a similar size with the same main cause include Voices of Tomorrow ($12.3m), His Ideas Inc ($12.5m) and College Preparatory & Leadership Academy of High Point ($12.2m).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $159k (1.2% of expenses). Other salaries and wages came to $494k. At year end it held assets of $4.4m against liabilities of $315k, net assets of $4.1m. It reported 10 employees.