Dreamchasers

Analysis

Dreamchasers is a registered charity in United States, based in Clarksville, TN. It received its IRS tax-exemption ruling in September 2015, 11 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, Dreamchasers reported income of $1.6m and spending of $1.4m, spending 89% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.2m to $1.6m (+31%), an average of +6.9% a year. The sharpest change came in the year to December 2022, when income rose by 71%. Over the whole period it spent 96% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Dreamchasers sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 85th percentile within TN. Charities of a similar size with the same main cause include The Pearl House Inc ($1.6m), 4 Tomorrow ($1.6m) and Y2y Network ($1.6m).

Compensation of current officers, directors and key employees was $210k (15% of expenses). At year end it held assets of $408k against liabilities of $14k, net assets of $394k. It reported 4 employees.