Dream Center Clinic Inc
Analysis
Dream Center Clinic Inc is a registered charity in United States, based in N Charleston, SC. It received its IRS tax-exemption ruling in October 2008, 18 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, Dream Center Clinic Inc reported income of $196k and spending of $204k, spending 104% of its income. Across the 4 years on record, from December 2019 to December 2023, income fell from $263k to $196k (-25%), an average of -9.3% a year. Over the whole period it spent 74% of the income it received.
Among 62,758 United States charities whose main cause is poverty relief and that reported income, Dream Center Clinic Inc sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 59th percentile within SC. Charities of a similar size with the same main cause include Asper de Tyson Foundation and Sanctuary Inc ($196k), KLS Community Food Pantry ($196k) and Amor Healing Kitchen Inc ($196k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $132k (65% of expenses). At year end it held assets of $666k against liabilities of $0, net assets of $666k.
Income and spending
Where the income comes from
- Contributions & grants 100%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Asper de Tyson Foundation and Sanctuary Inc | Pasadena | $196k |
| KLS Community Food Pantry | New London | $196k |
| Amor Healing Kitchen Inc | Charleston | $196k |
| Our Daily Bread Soup Kitchen Foundation | Taunton | $196k |