Jersey Shore Dream Center Inc

Analysis

Jersey Shore Dream Center Inc is a registered charity in United States, based in Belmar, NJ. It received its IRS tax-exemption ruling in May 2013, 13 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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, Jersey Shore Dream Center Inc reported income of $572k and spending of $265k, leaving 54% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income grew from $228k to $572k (+151%), an average of +36% a year. The sharpest change came in the year to December 2021, when income rose by 160%. Over the whole period it spent 56% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Jersey Shore Dream Center Inc sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 77th percentile within NJ. Charities of a similar size with the same main cause include Lily Haven ($572k), Project Sleep ($573k) and Hemophilia Association of New York Inc ($572k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 23% of the total. Compensation of current officers, directors and key employees was $9,269 (3.5% of expenses). Other salaries and wages came to $78k. At year end it held assets of $851k against liabilities of $0, net assets of $851k. It reported 5 employees.