Dream Out Loud Center Inc

Analysis

Dream Out Loud Center Inc is a registered charity in United States, based in New Bedford, MA. It received its IRS tax-exemption ruling in December 2000, 26 years ago. Its declared purposes cover education, which this site groups under education and training. 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 September 2023, Dream Out Loud Center Inc reported income of $168k and spending of $144k, spending 86% of its income. Across the 2 years on record, from September 2022 to September 2023, income grew from $124k to $168k (+35%), an average of +35% a year. The sharpest change came in the year to September 2023, when income rose by 35%. Over the whole period it spent 92% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Dream Out Loud Center Inc sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 54th percentile within MA. Charities of a similar size with the same main cause include American Empire College ($168k), J L Turner Legal Association Foundation ($168k) and Coach Doug Academy Inc ($168k).

On its Form 990-EZ for the period ending September 2023, revenue came from contributions and grants 100% and program service revenue 0.4% of the total. At year end it held assets of $46k against liabilities of $2,650, net assets of $44k.