D R E a M Alive Inc

Analysis

D R E a M Alive Inc is a registered charity in United States, based in Indianapolis, IN. It received its IRS tax-exemption ruling in May 2002, 24 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 December 2023, D R E a M Alive Inc reported income of $2.2m and spending of $805k, leaving 63% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $261k to $2.2m (+734%), an average of +70% a year. The sharpest change came in the year to December 2023, when income rose by 309%. Over the whole period it spent 53% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, D R E a M Alive Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 87th percentile within IN. Charities of a similar size with the same main cause include Waypoint Adventure ($2.2m), Trinity Boston Connects ($2.2m) and Boys & Girls Clubs of Albany Inc ($2.2m).

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 $160k (20% of expenses). Other salaries and wages came to $397k. At year end it held assets of $2.2m against liabilities of $54k, net assets of $2.1m. It reported 15 employees.