Dream Center Springfield Inc NFP

Analysis

Dream Center Springfield Inc NFP is a registered charity in United States, based in Springfield, IL. It received its IRS tax-exemption ruling in November 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 (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 Center Springfield Inc NFP reported income of $323k and spending of $240k, leaving 26% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $371k to $323k (-13%), an average of -13% a year. Over the whole period it spent 38% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Dream Center Springfield Inc NFP 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 63rd percentile within IL. Charities of a similar size with the same main cause include The Compassion Advocacy Network Inc ($323k), Congregation Beit Simcha ($323k) and Focused Living Ministries Inc ($323k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $92k (38% of expenses). Other salaries and wages came to $37k. At year end it held assets of $434k against liabilities of $0, net assets of $434k. It reported 11 employees.