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Dreams of Hope

Pittsburgh, Pennsylvania · EIN 43-2057957 · Arts, Culture & Humanities · tax-exempt since 2005

C

Charity Clarity grade C (score 58.4 of 100), based on the Form 990 for the year ended July 2023.

Graded against 71,155 arts, culture & humanities nonprofits with revenue $100K–$500K filing the same form. A = top 10%, B = next 20%, C = middle 40%, D = next 20%, F = bottom 10%.

What goes into the grade

MeasureThis charityScore (0–100)
ReservesMonths of spending covered by unrestricted net assets.14.2 months85
GovernanceBoard independence, key policies and audit, per the 990.76% of practices76
Margin stabilityHow steady the surplus or deficit is year to year.16
Revenue spreadHow much revenue rests on one type of income.99% from one source14
Filing recordOn-time, complete filings, year after year.100%100
Program spendingSelf-reported by the filer.59.4%not scored
Management costsShare of spending.16.1%not scored
Cost to raise $1Fundraising cost per dollar given.$0.24not scored

Scores compare this charity with its peer group; 100 is best. How Charity Clarity rates charities.

Year by year

20162017201820192020202120222023grey: revenue · green: spending
Year endedFormRevenueSpendingSurplusNet assetsMonths of spendingStaffGrade
Jul 2023Form 990$254K$288K−$34K$342K14.25C
Jul 2022Form 990$394K$254K$140K$376K17.83C
Jul 2021Form 990$340K$286K$54K$237K9.95C
Jul 2020Form 990$166K$276K−$110K$183K8.04C
Jul 2019Form 990$487K$295K$193K$293K11.94C
Jul 2018Form 990$184K$302K−$118K$101K4.06C
Jul 2017Form 990$402K$239K$163K$219K11.06C
Jul 2016Form 990$252K$317K−$66K$56K2.16C

From the organisation’s own IRS filings. “Months of spending” is total net assets divided by a month of that year’s spending. A blank grade means that year was not rated.

Read the filings

Every figure here comes from the returns this charity filed with the IRS. These sites show the full returns and more about the organisation:

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