Guatemalan Dream Center Inc

Analysis

Guatemalan Dream Center Inc is a registered charity in United States, based in St Johns, FL. It received its IRS tax-exemption ruling in March 2017, 9 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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 2022, Guatemalan Dream Center Inc reported income of $317k and spending of $354k, spending 112% of what it took in. Across the 4 years on record, from December 2019 to December 2022, income fell from $980k to $317k (-68%), an average of -31% a year. The sharpest change came in the year to December 2020, when income dropped by 54%. Over the whole period it spent 101% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Guatemalan Dream Center Inc sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 66th percentile within FL. Charities of a similar size with the same main cause include Medreach ($316k), Bread for Life Internationalincoporated ($317k) and Education for Peace in Iraq Center ($316k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. At year end it held assets of $90k against liabilities of $78k, net assets of $12k.