Dreamweek Inc

Analysis

Dreamweek Inc is a registered charity in United States, based in Jacksonville, FL. It received its IRS tax-exemption ruling in August 2018, 8 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, Dreamweek Inc reported income of $105k and spending of $119k, spending 113% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $163k to $105k (-36%), an average of -36% a year. The sharpest change came in the year to December 2023, when income dropped by 36%. Over the whole period it spent 91% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Dreamweek Inc sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 42nd percentile within FL. Charities of a similar size with the same main cause include Starfish Adventures Inc ($105k), Shepherds Place Foundation Inc ($105k) and Kingston Farmers Market Foundationinc ($105k).

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 $24k against liabilities of $0, net assets of $24k.