Awaken Dreams Creative Learning Center

Analysis

Awaken Dreams Creative Learning Center is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in February 2020, 6 years ago. 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, Awaken Dreams Creative Learning Center reported income of $494k and spending of $530k, spending 107% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $284k to $494k (+74%), an average of +74% a year. The sharpest change came in the year to December 2023, when income rose by 74%. Over the whole period it spent 107% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Awaken Dreams Creative Learning Center sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 72nd percentile within CA. Charities of a similar size with the same main cause include Little League Baseball Inc ($494k), Youth for Christ USA Inc ($494k) and Arthropy ($494k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 3.1% and program service revenue 97% of the total. Compensation of current officers, directors and key employees was $16k (3.0% of expenses). Other salaries and wages came to $340k. At year end it held assets of $10k against liabilities of $62k, net assets of -$51k. It reported 12 employees.