Dreamweaver Equine Center Corp

Analysis

Dreamweaver Equine Center Corp is a registered charity in United States, based in Ringoes, NJ. It received its IRS tax-exemption ruling in June 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 2023, Dreamweaver Equine Center Corp reported income of $530k and spending of $329k, leaving 38% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $250k to $530k (+112%), an average of +46% a year. The sharpest change came in the year to December 2023, when income rose by 54%. Over the whole period it spent 72% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Dreamweaver Equine Center Corp sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 76th percentile within NJ. Charities of a similar size with the same main cause include Bonnie Baker Senior Citizens Club ($530k), Lead Mines Rescue Squad Inc ($530k) and American Planning Association ($530k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 54% and program service revenue 44% of the total. Other salaries and wages came to $82k. At year end it held assets of $389k against liabilities of $47k, net assets of $342k. It reported 3 employees.