Dream Center of Jackson

Analysis

Dream Center of Jackson is a registered charity in United States, based in Jackson, TN. It received its IRS tax-exemption ruling in August 2007, 19 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 June 2024, Dream Center of Jackson reported income of $758k and spending of $689k, spending 91% of its income. Across the 6 years on record, from June 2019 to June 2024, income fell from $802k to $758k (-5.4%), an average of -1.1% a year. The sharpest change came in the year to June 2022, when income rose by 496%. Over the whole period it spent 30% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Dream Center of Jackson sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 78th percentile within TN. Charities of a similar size with the same main cause include Bikur Cholim of Crown Heights ($758k), Food From the Heart Inc ($758k) and YWCA Southwestern Illinois ($758k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $67k (9.7% of expenses). Other salaries and wages came to $199k. At year end it held assets of $7.1m against liabilities of $135k, net assets of $7.0m. It reported 8 employees.