The Dream Factory Inc Headquarters
Analysis
The Dream Factory Inc Headquarters is a registered charity in United States, based in Louisville, KY. It received its IRS tax-exemption ruling in February 1991, 35 years ago. 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 August 2023, The Dream Factory Inc Headquarters reported income of $399k and spending of $316k, leaving 21% of income unspent that year. Across the 5 years on record, from August 2019 to August 2023, income grew from $284k to $399k (+41%), an average of +8.9% a year. The sharpest change came in the year to August 2021, when income rose by 19%. Over the whole period it spent 92% of the income it received.
Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Dream Factory Inc Headquarters sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 67th percentile within KY. Charities of a similar size with the same main cause include Paralyzed Veterans of America ($399k), Alabama Alliance for Arts Education Inc ($399k) and Youngstown Whitney Volunteer Fire Department ($399k).
On its Form 990 for the period ending August 2023, revenue came from contributions and grants 84% of the total. Compensation of current officers, directors and key employees was $104k (33% of expenses). Other salaries and wages came to $131k. At year end it held assets of $453k against liabilities of $58k, net assets of $395k. It reported 4 employees.
Income and spending
Where the income comes from
- Contributions & grants 84%
- Other 16%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Paralyzed Veterans of America | San Diego | $399k |
| Alabama Alliance for Arts Education Inc | Montgomery | $399k |
| Youngstown Whitney Volunteer Fire Department | Youngstown | $399k |
| Rock Ranch | Hills | $399k |