Dreamscapes Building Visions Inc

Analysis

Dreamscapes Building Visions Inc is a registered charity in United States, based in Hamilton, NJ. It received its IRS tax-exemption ruling in November 2011, 15 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 June 2023, Dreamscapes Building Visions Inc reported income of $114k and spending of $78k, leaving 31% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income fell from $171k to $114k (-33%), an average of -9.7% a year. The sharpest change came in the year to June 2021, when income rose by 100%. Over the whole period it spent 61% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Dreamscapes Building Visions Inc sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 48th percentile within NJ. Charities of a similar size with the same main cause include MHCCC Housing Corp II C ($114k), Keystone Place Housing Corporation ($114k) and LA Casa de Ampi Inc ($114k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $1.3m against liabilities of $726k, net assets of $536k.