Dream Center of Columbus Inc

Analysis

Dream Center of Columbus Inc is a registered charity in United States, based in West Point, MS. It received its IRS tax-exemption ruling in March 2019, 7 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Dream Center of Columbus Inc reported income of $322k and spending of $338k, spending 105% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $240k to $322k (+35%), an average of +35% a year. The sharpest change came in the year to December 2023, when income rose by 35%. Over the whole period it spent 88% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Dream Center of Columbus Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 65th percentile within MS. Charities of a similar size with the same main cause include Q Place ($322k), Eternity Church- Oc ($323k) and Friends of Kitov Inc ($322k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 73% and program service revenue 27% of the total. Compensation of current officers, directors and key employees was $111k (33% of expenses). At year end it held assets of $163k against liabilities of $1,010, net assets of $162k. It reported 4 employees.