Community Dreams Incorporated

Analysis

Community Dreams Incorporated is a registered charity in United States, based in Edgewood, IA. It received its IRS tax-exemption ruling in June 2006, 20 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, Community Dreams Incorporated reported income of $444k and spending of $425k, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $233k to $444k (+91%), an average of +18% a year. The sharpest change came in the year to December 2020, when income rose by 55%. Over the whole period it spent 105% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Community Dreams Incorporated sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 71st percentile within IA. Charities of a similar size with the same main cause include Pregnancy Solutions & Services Inc ($444k), Onslow Pregnancy Resource Center ($445k) and Power Inside Inc ($444k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 3.4% and program service revenue 96% of the total. Other salaries and wages came to $103k. At year end it held assets of $476k against liabilities of $364k, net assets of $113k. It reported 22 employees.