Dreams Academy International

Analysis

Dreams Academy International is a registered charity in United States, based in Akron, OH. It received its IRS tax-exemption ruling in September 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 (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 2023, Dreams Academy International reported income of $200k and spending of $198k, spending 99% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $120k to $200k (+66%), an average of +29% a year. The sharpest change came in the year to December 2022, when income rose by 52%. Over the whole period it spent 105% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Dreams Academy International sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 54th percentile within OH. Charities of a similar size with the same main cause include Rocky Mountain Splash Parents Corporation ($200k), Bakersfield High School Parent Teacher Student Organization ($200k) and The Vertical Life Foundation Inc ($200k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $2,444 against liabilities of $0, net assets of $2,444.