Dreams Come True Inc

Analysis

Dreams Come True Inc is a registered charity in United States, based in San Antonio, TX. It received its IRS tax-exemption ruling in September 1996, 30 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Dreams Come True Inc reported income of $323k and spending of $367k, spending 114% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $324k to $323k (-0.5%), an average of -0.1% a year. The sharpest change came in the year to December 2022, when income rose by 64%. Over the whole period it spent 85% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Dreams Come True Inc sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 67th percentile within TX. Charities of a similar size with the same main cause include Compassion Ministry Inc ($323k), Learning Tree Development Center ($323k) and Heartland Resources Inc ($323k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $73k (20% of expenses). Other salaries and wages came to $151k. At year end it held assets of $947k against liabilities of $93, net assets of $946k. It reported 6 employees.