San Pedro Sula Dream Center Inc

Analysis

San Pedro Sula Dream Center Inc is a registered charity in United States, based in Foley, AL. It received its IRS tax-exemption ruling in August 2020, 6 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, San Pedro Sula Dream Center Inc reported income of $299k and spending of $264k, spending 88% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $274k to $299k (+9.1%), an average of +9.1% a year. Over the whole period it spent 78% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, San Pedro Sula Dream Center Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 63rd percentile within AL. Charities of a similar size with the same main cause include Celebrating Life Ministries ($299k), Equipping the Saints ($299k) and Bld-It Ministry ($299k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $19k (7.3% of expenses). Other salaries and wages came to $3,771. At year end it held assets of $176k against liabilities of $3,834, net assets of $172k. It reported 3 employees.