Dream Charter School

Analysis

Dream Charter School is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in October 2008, 18 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Dream Charter School reported income of $42.2m and spending of $45.1m, spending 107% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $18.3m to $42.2m (+131%), an average of +23% a year. The sharpest change came in the year to June 2021, when income rose by 46%. Over the whole period it spent 97% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Dream Charter School sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within NY. Charities of a similar size with the same main cause include American Embassy School Association ($42.2m), Beaver Country Day School Inc ($42.3m) and Rhode Island Mayoral Academy ($42.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 31% and program service revenue 69% of the total. Other salaries and wages came to $17.6m. At year end it held assets of $187.3m against liabilities of $181.2m, net assets of $6.1m. It reported 368 employees.