Dream Riders

Analysis

Dream Riders is a registered charity in United States, based in Lexington, SC. It received its IRS tax-exemption ruling in June 1999, 27 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, Dream Riders reported income of $110k and spending of $87k, leaving 21% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $232k to $110k (-53%), an average of -53% a year. The sharpest change came in the year to December 2023, when income dropped by 53%. Over the whole period it spent 47% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Dream Riders sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 45th percentile within SC. Charities of a similar size with the same main cause include Brock Social Services Organization for the South Side of Chicago ($110k), Rags of Honor 1 ($110k) and Couples Coaching Couples Inc ($110k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 85% and program service revenue 9.3% of the total. At year end it held assets of $247k against liabilities of $2,298, net assets of $244k.