Dreamtree Project Inc

Analysis

Dreamtree Project Inc is a registered charity in United States, based in Taos, NM. It received its IRS tax-exemption ruling in February 2000, 26 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, Dreamtree Project Inc reported income of $5.6m and spending of $3.9m, leaving 30% of income unspent that year. Across the 6 years on record, from August 2019 to December 2023, income grew from $1.5m to $5.6m (+274%), an average of +30% a year. The sharpest change came in the year to December 2020, when income rose by 265%. Over the whole period it spent 92% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Dreamtree Project Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 94th percentile within NM. Charities of a similar size with the same main cause include Senior Citizens Council ($5.6m), Edward C Mazique Parent Child Center Inc of the District of Colu ($5.6m) and Golden Rule Services Inc ($5.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 85% and program service revenue 14% of the total. Compensation of current officers, directors and key employees was $73k (1.9% of expenses). Other salaries and wages came to $1.6m. At year end it held assets of $4.4m against liabilities of $1.4m, net assets of $3.0m. It reported 81 employees.