Indiana Dream Center Inc

Analysis

Indiana Dream Center Inc is a registered charity in United States, based in Huntington, IN. It received its IRS tax-exemption ruling in August 2011, 15 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, Indiana Dream Center Inc reported income of $120k and spending of $185k, spending 154% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $336k to $120k (-64%), an average of -23% a year. The sharpest change came in the year to December 2022, when income dropped by 43%. Over the whole period it spent 108% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Indiana Dream Center Inc sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 39th percentile within IN. Charities of a similar size with the same main cause include Shine Ministries Inc ($120k), Helms Housing Inc ($120k) and Triangle Housing Development Corporation ($120k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 89% and program service revenue 41% of the total. Other salaries and wages came to $81k. At year end it held assets of $98k against liabilities of $104k, net assets of -$5,424. It reported 5 employees.