Dream Center Inc

Analysis

Dream Center Inc is a registered charity in United States, based in Nashville, TN. It received its IRS tax-exemption ruling in October 2021, 5 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Dream Center Inc reported income of $254k and spending of $248k, spending 98% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $237k to $254k (+6.8%), an average of +6.8% a year. Over the whole period it spent 99% 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 Inc 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 59th percentile, and in the 59th percentile within TN. Charities of a similar size with the same main cause include Ryan Nece Foundation Inc ($254k), Northeast Regional Law Enforcement Educational Association Inc ($254k) and 4-H Clubs of Adams County Inc ($253k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 82% and program service revenue 18% of the total. Other salaries and wages came to $128k. At year end it held assets of $53k against liabilities of $6,977, net assets of $46k. It reported 5 employees.