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Troy Dream Center Inc

RegisteredEIN 81-5442989Troy, MOPoverty relief
Income$290k2023-12
Spending$271ksame year
Spent / received84%3-year average
Size in its cause55th pctPoverty relief
Exempt since2021Publicly supported organisat
Employees3latest return

Analysis

Troy Dream Center Inc is a registered charity in United States, based in Troy, MO. It received its IRS tax-exemption ruling in April 2021, 5 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 December 2023, Troy Dream Center Inc reported income of $290k and spending of $271k, spending 94% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $70k to $290k (+314%), an average of +104% a year. The sharpest change came in the year to December 2022, when income rose by 216%. 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, Troy Dream Center Inc sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 58th percentile within MO. Charities of a similar size with the same main cause include Human Flourishing Initiatives - US ($290k), NCS Hope Foundation ($290k) and Premierone Plus Foundation ($290k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $121k. At year end it held assets of $134k against liabilities of $0, net assets of $134k. It reported 3 employees.

Income and spending

$0$73k$145k$218k$290k2021 Income: $70,0622021 Spending: $78,43920212022 Income: $221,3202022 Spending: $136,54720222023 Income: $290,0202023 Spending: $271,2162023
IncomeSpending

Where the income comes from

  • Contributions & grants 100%

Similar-sized charities, same cause

CharityLocationIncome
Human Flourishing Initiatives - USLeesburg$290k
NCS Hope FoundationOmaha$290k
Premierone Plus FoundationBuena Park$290k
Love Heals Free Clinics IncGarden City$290k