The Dream Center of Peoria NFP

Analysis

The Dream Center of Peoria NFP is a registered charity in United States, based in Peoria, IL. It received its IRS tax-exemption ruling in December 2003, 23 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, The Dream Center of Peoria NFP reported income of $3.6m and spending of $3.3m, spending 91% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.5m to $3.6m (+43%), an average of +9.3% a year. The sharpest change came in the year to December 2023, when income rose by 32%. Over the whole period it spent 81% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, The Dream Center of Peoria NFP sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 90th percentile within IL. Charities of a similar size with the same main cause include Ave Maria Press ($3.6m), Laurelville Mennonite Church Center ($3.6m) and United Ministries ($3.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% and program service revenue 1.0% of the total. Compensation of current officers, directors and key employees was $196k (5.9% of expenses). Other salaries and wages came to $1.4m. At year end it held assets of $5.5m against liabilities of $87k, net assets of $5.4m. It reported 96 employees.