Augusta Dream Center Inc

Analysis

Augusta Dream Center Inc is a registered charity in United States, based in Augusta, GA. It received its IRS tax-exemption ruling in March 2019, 7 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, Augusta Dream Center Inc reported income of $400k and spending of $280k, leaving 30% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income grew from $226k to $400k (+77%), an average of +21% a year. The sharpest change came in the year to December 2023, when income rose by 57%. Over the whole period it spent 75% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Augusta Dream Center Inc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 71st percentile within GA. Charities of a similar size with the same main cause include Teton Valley Food Pantry Inc ($400k), Angels of Action ($400k) and Lions District 44-H New Hampshire Services to Mankind Inc ($400k).

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 $63k. At year end it held assets of $389k against liabilities of $79k, net assets of $310k. It reported 7 employees.