Chicago Dream Center

Analysis

Chicago Dream Center is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in August 2006, 20 years ago. 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 2022, Chicago Dream Center reported income of $406k and spending of $440k, spending 109% of what it took in. Across the 4 years on record, from December 2019 to December 2022, income grew from $390k to $406k (+3.9%), an average of +1.3% a year. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Chicago Dream Center sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 66th percentile within IL. Charities of a similar size with the same main cause include Summit Pacific Medical Foundation ($406k), Equality State Policy Center ($406k) and 716 Squash Inc ($406k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 93% and program service revenue 7.5% of the total. Other salaries and wages came to $158k. At year end it held assets of $44k against liabilities of $8,355, net assets of $36k. It reported 7 employees.