Dream Academe Inc

Analysis

Dream Academe Inc is a registered charity in United States, based in Amherst, NH. It received its IRS tax-exemption ruling in July 2017, 9 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Dream Academe Inc reported income of $56k and spending of $49k, spending 88% of its income. Across the 3 years on record, from December 2020 to December 2023, income fell from $230k to $56k (-76%), an average of -51% a year. The sharpest change came in the year to December 2022, when income dropped by 82%. Over the whole period it spent 101% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Dream Academe Inc sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 23rd percentile within NH. Charities of a similar size with the same main cause include Baja Scholarship Foundation ($56k), New York State Restaurant Association Educational Foundt Inc ($56k) and Go Texas of Henderson County ($56k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 33% and program service revenue 67% of the total. At year end it held assets of $29k against liabilities of $799, net assets of $28k.