Dream Center of Pickens County

Analysis

Dream Center of Pickens County is a registered charity in United States, based in Easley, SC. It received its IRS tax-exemption ruling in January 2013, 13 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, Dream Center of Pickens County reported income of $3.7m and spending of $3.7m, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.3m to $3.7m (+62%), an average of +13% a year. The sharpest change came in the year to December 2021, when income rose by 40%. Over the whole period it spent 99% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Dream Center of Pickens County sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 93rd percentile within SC. Charities of a similar size with the same main cause include Congressional Hunger Center ($3.7m), Turning Point of Lehigh Valley Inc ($3.7m) and Franciscan Center Inc ($3.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 16% of the total. Compensation of current officers, directors and key employees was $86k (2.3% of expenses). Other salaries and wages came to $2.1m. At year end it held assets of $1.4m against liabilities of $40k, net assets of $1.4m. It reported 79 employees.