Dream Center of Tampa Inc

Analysis

Dream Center of Tampa Inc is a registered charity in United States, based in Lutz, FL. It received its IRS tax-exemption ruling in March 2012, 14 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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 2024, Dream Center of Tampa Inc reported income of $246k and spending of $246k, spending 100% of its income. Across the 6 years on record, from December 2019 to June 2024, income fell from $426k to $246k (-42%), an average of -10% a year. The sharpest change came in the year to June 2023, when income rose by 175%. Over the whole period it spent 100% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Dream Center of Tampa Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 61st percentile within FL. Charities of a similar size with the same main cause include Iqra Academy of the Twin Cities ($246k), Blackfoot Community Center Inc ($246k) and Planet Hope Land and Sea ($245k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 68% of the total. At year end it held assets of $881k against liabilities of $3,728, net assets of $878k.