Dream Opportunity

Analysis

Dream Opportunity is a registered charity in United States, based in E Stroudsburg, PA. It received its IRS tax-exemption ruling in December 2018, 8 years ago. 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 Opportunity reported income of $1.1m and spending of $1.2m, spending 102% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $824k to $1.1m (+39%), an average of +18% a year. The sharpest change came in the year to December 2023, when income rose by 36%. 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, Dream Opportunity sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 79th percentile within PA. Charities of a similar size with the same main cause include Aim Inc ($1.1m), St Vincent de Paul Charitable Enterprises Inc ($1.1m) and Academy of GP Orthodontics ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $413k (35% of expenses). At year end it held assets of $663k against liabilities of $26k, net assets of $637k.