Dreamchasers United Inc

Analysis

Dreamchasers United Inc is a registered charity in United States, based in Lexington, KY. It received its IRS tax-exemption ruling in March 2016, 10 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 2021, Dreamchasers United Inc reported income of $299k and spending of $342k, spending 114% of what it took in. Across the 3 years on record, from December 2019 to December 2021, income grew from $256k to $299k (+17%), an average of +8.2% a year. The sharpest change came in the year to December 2021, when income rose by 41%. Over the whole period it spent 111% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Dreamchasers United Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 62nd percentile within KY. Charities of a similar size with the same main cause include Green River Outreach for Wilderness Foundation ($299k), North American Youth Exchange Network Inc ($299k) and Lakeland Aero Club Inc ($299k).

On its Form 990 for the period ending December 2021, revenue came from contributions and grants 100% of the total. At year end it held assets of $116k against liabilities of $0, net assets of $116k.