Dream Mentors International Inc
Analysis
Dream Mentors International Inc is a registered charity in United States, based in Middleburg, FL. It received its IRS tax-exemption ruling in June 2005, 21 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, Dream Mentors International Inc reported income of $263k and spending of $265k, spending 101% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $194k to $263k (+35%), an average of +16% a year. The sharpest change came in the year to December 2022, when income rose by 21%. Over the whole period it spent 95% of the income it received.
Among 31,138 United States charities whose main cause is religion and that reported income, Dream Mentors International Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 62nd percentile within FL. Charities of a similar size with the same main cause include Catedral Da Familia ($263k), Solid Foundation Chapel Inc ($263k) and Inter-Lutheran Theological Seminary ($262k).
On its Form 990 for the period ending December 2023, revenue came from program service revenue 101% of the total. Compensation of current officers, directors and key employees was $79k (30% of expenses). At year end it held assets of $41k against liabilities of $27k, net assets of $14k. It reported 2 employees.
Income and spending
Where the income comes from
- Program services 100%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Catedral Da Familia | Burlingame | $263k |
| Solid Foundation Chapel Inc | Canyon Cntry | $263k |
| Inter-Lutheran Theological Seminary | Hancock | $262k |
| Metro Worship Center | Mobile | $263k |