Dreamhouse Inc

Analysis

Dreamhouse Inc is a registered charity in United States, based in Honolulu, HI. It received its IRS tax-exemption ruling in September 2014, 12 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2022, Dreamhouse Inc reported income of $859k and spending of $745k, spending 87% of its income. Across the 3 years on record, from June 2019 to June 2022, income grew from $201k to $859k (+327%), an average of +106% a year. The sharpest change came in the year to June 2021, when income rose by 194%. Over the whole period it spent 87% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Dreamhouse 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 77th percentile, and in the 77th percentile within HI. Charities of a similar size with the same main cause include Little Shepherds Incorporated ($859k), Wexford Inc ($859k) and Knoxville College ($859k).

On its Form 990 for the period ending June 2022, revenue came from contributions and grants 30% and program service revenue 70% of the total. At year end it held assets of $1.2m against liabilities of $981k, net assets of $235k.