Lost Dreams Awaken Center

Analysis

Lost Dreams Awaken Center is a registered charity in United States, based in New Kensington, PA. It received its IRS tax-exemption ruling in June 2015, 11 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, Lost Dreams Awaken Center reported income of $677k and spending of $641k, spending 95% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $226k to $677k (+200%), an average of +200% a year. The sharpest change came in the year to December 2023, when income rose by 200%. Over the whole period it spent 92% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Lost Dreams Awaken Center sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 73rd percentile within PA. Charities of a similar size with the same main cause include City Center Outreach Inc ($677k), Disability in Action Inc ($678k) and People Assisting the Homeless Inc ($677k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% and program service revenue 0.1% of the total. Compensation of current officers, directors and key employees was $106k (17% of expenses). It paid $3,632 in professional fundraising fees. At year end it held assets of $417k against liabilities of $116k, net assets of $300k. It reported 2 employees.