Dream Works Bladen Inc

Analysis

Dream Works Bladen Inc is a registered charity in United States, based in Elizabethtown, NC. It received its IRS tax-exemption ruling in July 2020, 6 years ago. 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 2022, Dream Works Bladen Inc reported income of $867k and spending of $645k, leaving 26% of income unspent that year. Across the 3 years on record, from December 2020 to December 2022, income grew from $442k to $867k (+96%), an average of +40% a year. The sharpest change came in the year to December 2021, when income rose by 53%. Over the whole period it spent 80% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Dream Works Bladen Inc 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 78th percentile, and in the 78th percentile within NC. Charities of a similar size with the same main cause include I Am a Hero Inc ($867k), Quinebaug Valley Community College Foundation Inc ($867k) and Springfield Arts Council Inc ($867k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $26k (4.0% of expenses). Other salaries and wages came to $140k. At year end it held assets of $517k against liabilities of $128k, net assets of $389k. It reported 30 employees.