Dream Life Inc

Analysis

Dream Life Inc is a registered charity in United States, based in Ocoee, TN. It received its IRS tax-exemption ruling in August 2017, 9 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Dream Life Inc reported income of $427k and spending of $353k, spending 83% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $202k to $427k (+111%), an average of +45% a year. The sharpest change came in the year to December 2022, when income rose by 57%. Over the whole period it spent 86% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Dream Life Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 69th percentile within TN. Charities of a similar size with the same main cause include Lutheran Ministry Services Northwest ($427k), Davidian Mariamian Educational Foundation ($427k) and Laflin Life Foundation Inc ($426k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 49% of the total. Other salaries and wages came to $44k. At year end it held assets of $552k against liabilities of $415k, net assets of $136k. It reported 1 employees.