Dream Works Inc

Analysis

Dream Works Inc is a registered charity in United States, based in Charlotte, NC. It received its IRS tax-exemption ruling in September 2003, 23 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Dream Works Inc reported income of $71k and spending of $100k, spending 142% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $56k to $71k (+27%), an average of +6.1% a year. The sharpest change came in the year to June 2023, when income rose by 16%. Over the whole period it spent 130% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Dream Works Inc sits at the 21st percentile: it is larger than about 21% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 26th percentile within NC. Charities of a similar size with the same main cause include American Council for Rural Special Education ($71k), Public Health Partnership of Knoxcounty ($71k) and Hopelawn Engine Company First Aid Squad Inc ($71k).

On its Form 990 for the period ending June 2024, revenue came from program service revenue 100% of the total. At year end it held assets of $543k against liabilities of $17k, net assets of $526k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.