Urban Dreams

Analysis

Urban Dreams is a registered charity in United States, based in Des Moines, IA. It received its IRS tax-exemption ruling in November 1984, 42 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Urban Dreams reported income of $1.2m and spending of $1.1m, spending 85% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $714k to $1.2m (+74%), an average of +15% a year. The sharpest change came in the year to December 2020, when income rose by 82%. Over the whole period it spent 63% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Urban Dreams sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 83rd percentile within IA. Charities of a similar size with the same main cause include Kangaroos Pouch Inc ($1.2m), Samaritan Colony Incorporated ($1.2m) and Kentucky Center for Agriculture and Rural Development ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 37% and program service revenue 56% of the total. Other salaries and wages came to $488k. At year end it held assets of $2.8m against liabilities of $45k, net assets of $2.8m. It reported 44 employees.