Dream Catcher

Analysis

Dream Catcher is a registered charity in United States, based in Johnston, IA. It received its IRS tax-exemption ruling in July 2020, 6 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 Catcher reported income of $90k and spending of $131k, spending 146% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $62k to $90k (+46%), an average of +46% a year. The sharpest change came in the year to December 2023, when income rose by 46%. Over the whole period it spent 94% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Dream Catcher sits at the 20th percentile: it is larger than about 20% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 32nd percentile within IA. Charities of a similar size with the same main cause include Englewood Housing Management Services Inc ($90k), Common Fence Point Improvement Association ($90k) and Woodland Community Development Corporation Morgan Village ($90k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 1.0% and program service revenue 99% of the total. At year end it held assets of $73k against liabilities of $0, net assets of $73k.