South Jersey Dream Center Inc

Analysis

South Jersey Dream Center Inc is a registered charity in United States, based in West Deptford, NJ. It received its IRS tax-exemption ruling in May 2014, 12 years ago. Its declared purposes cover science and technology, which this site groups under arts, culture, heritage and science. 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, South Jersey Dream Center Inc reported income of $406k and spending of $408k, spending 100% of its income. Across the 3 years on record, from December 2021 to December 2023, income fell from $477k to $406k (-15%), an average of -7.8% a year. The sharpest change came in the year to December 2022, when income dropped by 22%. Over the whole period it spent 95% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, South Jersey Dream Center Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 72nd percentile within NJ. Charities of a similar size with the same main cause include Academy of Himalayan Art and Children Development Inc ($406k), Costume Society of America Inc ($406k) and King Manor Association of Long Island Inc ($406k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 89% of the total. Compensation of current officers, directors and key employees was $35k (8.6% of expenses). Other salaries and wages came to $2,822. At year end it held assets of $93k against liabilities of $54k, net assets of $40k. It reported 2 employees.