Dreamland Preschool Inc

Analysis

Dreamland Preschool Inc is a registered charity in United States, based in Irvine, CA. It received its IRS tax-exemption ruling in August 2003, 23 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2023, Dreamland Preschool Inc reported income of $1.4m and spending of $1.5m, spending 107% of what it took in. Across the 5 years on record, from August 2019 to August 2023, income grew from $1.3m to $1.4m (+2.9%), an average of +0.7% a year. The sharpest change came in the year to August 2022, when income rose by 77%. Over the whole period it spent 97% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Dreamland Preschool Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 83rd percentile within CA. Charities of a similar size with the same main cause include Ycs Foundation Inc ($1.4m), Helping Special Friends Inc ($1.4m) and Footbridge ($1.4m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 2.1% and program service revenue 98% of the total. Other salaries and wages came to $759k. At year end it held assets of $261k against liabilities of $64k, net assets of $198k. It reported 28 employees.