Once Upon a Dream Learning Center

Analysis

Once Upon a Dream Learning Center is a registered charity in United States, based in Beaumont, TX. It received its IRS tax-exemption ruling in July 2016, 10 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, Once Upon a Dream Learning Center reported income of $626k and spending of $664k, spending 106% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $442k to $626k (+42%), an average of +9.1% a year. The sharpest change came in the year to December 2021, when income rose by 66%. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Once Upon a Dream Learning Center 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 73rd percentile, and in the 78th percentile within TX. Charities of a similar size with the same main cause include Desert Rose Foundation ($626k), Jubilee Home ($626k) and Salem Mennonite Home for the Aged ($626k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.1% and program service revenue 99% of the total. Other salaries and wages came to $303k. At year end it held assets of $202k against liabilities of $360, net assets of $202k. It reported 25 employees.