Brazoria County Dream Center Inc

Analysis

Brazoria County Dream Center Inc is a registered charity in United States, based in Clute, TX. It received its IRS tax-exemption ruling in March 2011, 15 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, Brazoria County Dream Center Inc reported income of $3.2m and spending of $3.3m, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.4m to $3.2m (+36%), an average of +7.9% a year. The sharpest change came in the year to December 2020, when income rose by 65%. Over the whole period it spent 101% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Brazoria County Dream Center Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 92nd percentile within TX. Charities of a similar size with the same main cause include H E L P International ($3.2m), Bright Futures for Youth ($3.2m) and Reach for Home ($3.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $65k (2.0% of expenses). Other salaries and wages came to $127k. At year end it held assets of $539k against liabilities of $473k, net assets of $66k. It reported 9 employees.

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.