West Nashville Dream Center

Analysis

West Nashville Dream Center is a registered charity in United States, based in Nashville, TN. It received its IRS tax-exemption ruling in April 2017, 9 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2023, West Nashville Dream Center reported income of $979k and spending of $1.3m, spending 136% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $462k to $979k (+112%), an average of +21% a year. The sharpest change came in the year to June 2020, when income rose by 98%. Over the whole period it spent 84% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, West Nashville Dream Center sits at the 75th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 81st percentile within TN. Charities of a similar size with the same main cause include Nwa Child Care Resource & Referral ($979k), Hospice Promise Foundation ($979k) and Et Cetera Shop Inc ($979k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 80% of the total. Other salaries and wages came to $540k. At year end it held assets of $1.5m against liabilities of $371k, net assets of $1.1m. It reported 18 employees.