Bradenton Dream Center Inc

Analysis

Bradenton Dream Center Inc is a registered charity in United States, based in Bradenton, FL. It received its IRS tax-exemption ruling in September 2014, 12 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Bradenton Dream Center Inc reported income of $342k and spending of $344k, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $213k to $342k (+61%), an average of +13% a year. The sharpest change came in the year to December 2020, when income rose by 191%. Over the whole period it spent 116% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Bradenton Dream Center Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 67th percentile within FL. Charities of a similar size with the same main cause include Phillip Baker Ministries ($342k), Love in the Name of Christ of Benton County ($342k) and American International Buddhistic Union Xuan Zang Meditation Monaste ($342k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $48k against liabilities of $97k, net assets of -$49k.