Dream House Homes Inc

Analysis

Dream House Homes Inc is a registered charity in United States, based in Blue Ash, OH. It received its IRS tax-exemption ruling in September 2009, 17 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 House Homes Inc reported income of $73k and spending of $105k, spending 143% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $42k to $73k (+74%), an average of +15% a year. The sharpest change came in the year to December 2020, when income rose by 56%. Over the whole period it spent 148% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Dream House Homes Inc sits at the 16th percentile: it is larger than about 16% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 29th percentile within OH. Charities of a similar size with the same main cause include Together with Friends Non-Profit Housing Corporation ($73k), 721 East 6th Street Housing Development Fund Corporation ($73k) and Palmetto Breeze Apartments Inc ($73k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $593k against liabilities of $251k, net assets of $342k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.