Opal S Dream Foundation Inc

Analysis

Opal S Dream Foundation Inc is a registered charity in United States, based in Louisville, KY. It received its IRS tax-exemption ruling in April 2018, 8 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Opal S Dream Foundation Inc reported income of $198k and spending of $175k, spending 88% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $164k to $198k (+21%), an average of +4.9% a year. The sharpest change came in the year to December 2023, when income rose by 106%. Over the whole period it spent 106% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Opal S Dream Foundation Inc sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 53rd percentile within KY. Charities of a similar size with the same main cause include Native American Child Care Center Inc ($198k), Small World Inc ($198k) and Jaycees Horses for Healing Inc ($198k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 21% of the total. Other salaries and wages came to $66k. At year end it held assets of $15k against liabilities of $11k, net assets of $3,431. It reported 1 employees.