Dream Center Evansville

Analysis

Dream Center Evansville is a registered charity in United States, based in Evansville, IN. It received its IRS tax-exemption ruling in April 1999, 27 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Dream Center Evansville reported income of $2.5m and spending of $1.4m, leaving 42% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $758k to $2.5m (+225%), an average of +34% a year. The sharpest change came in the year to December 2023, when income rose by 76%. Over the whole period it spent 78% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Dream Center Evansville sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 88th percentile within IN. Charities of a similar size with the same main cause include The New Mexico Baptist Foundation ($2.5m), Lutheran Camp Association ($2.5m) and Cornerstone Missions Inc ($2.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 89% of the total. Compensation of current officers, directors and key employees was $101k (7.1% of expenses). Other salaries and wages came to $791k. At year end it held assets of $2.9m against liabilities of $246k, net assets of $2.6m. It reported 33 employees.