Desoto County Dream Center

Analysis

Desoto County Dream Center is a registered charity in United States, based in Horn Lake, MS. It received its IRS tax-exemption ruling in May 2020, 6 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Desoto County Dream Center reported income of $2.1m and spending of $714k, leaving 67% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income grew from $266k to $2.1m (+702%), an average of +100% a year. The sharpest change came in the year to December 2023, when income rose by 410%. Over the whole period it spent 40% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Desoto County Dream Center sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 88th percentile within MS. Charities of a similar size with the same main cause include Tri County Young Mens Christian Association of New York ($2.1m), Superior Day Care ($2.1m) and Crystal Run Village Foundation Inc ($2.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. At year end it held assets of $1.8m against liabilities of $200, net assets of $1.8m.