Dream Center

Analysis

Dream Center is a registered charity in United States, based in Foley, AL. It received its IRS tax-exemption ruling in November 2021, 5 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, Dream Center reported income of $89k and spending of $119k, spending 134% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $109k to $89k (-19%), an average of -19% a year. The sharpest change came in the year to December 2023, when income dropped by 19%. Over the whole period it spent 86% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Dream Center sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 33rd percentile within AL. Charities of a similar size with the same main cause include University of Florida ($89k), Evergreen After School Club ($89k) and The Orange County Police Athletic League ($89k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 38% of the total. At year end it held assets of $44k against liabilities of $5,000, net assets of $39k.