College Dreams Inc

Analysis

College Dreams Inc is a registered charity in United States, based in Grants Pass, OR. It received its IRS tax-exemption ruling in May 2010, 16 years ago. Its declared purposes cover education, which this site groups under education and training. 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 2023, College Dreams Inc reported income of $4.2m and spending of $4.4m, spending 105% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.1m to $4.2m (+101%), an average of +19% a year. The sharpest change came in the year to June 2021, when income rose by 74%. Over the whole period it spent 94% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, College Dreams Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 92nd percentile within OR. Charities of a similar size with the same main cause include Association of Tribal Archives Libraries and Museums ($4.2m), Little Munchkins Playgroup 56 Inc ($4.2m) and Wayne Country Day School ($4.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $109k (2.5% of expenses). Other salaries and wages came to $1.8m. At year end it held assets of $2.5m against liabilities of $482k, net assets of $2.0m. It reported 232 employees.