Valley Dream Center Inc

Analysis

Valley Dream Center Inc is a registered charity in United States, based in Fresno, CA. It received its IRS tax-exemption ruling in July 2014, 12 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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 December 2023, Valley Dream Center Inc reported income of $441k and spending of $401k, spending 91% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $529k to $441k (-17%), an average of -4.5% a year. The sharpest change came in the year to December 2022, when income rose by 78%. Over the whole period it spent 80% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Valley Dream Center Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 70th percentile within CA. Charities of a similar size with the same main cause include Denton Community Food Center Inc ($441k), Franklin County Historical Society- Kittochtinny ($441k) and White County Council on Aging ($441k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $92k. At year end it held assets of $875k against liabilities of $69k, net assets of $805k. It reported 5 employees.