Dion S Chicago Dream Inc NFP

Analysis

Dion S Chicago Dream Inc NFP is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in November 2020, 6 years ago. Its declared purposes cover food, agriculture and nutrition, 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, Dion S Chicago Dream Inc NFP reported income of $3.6m and spending of $3.1m, spending 85% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $332k to $3.6m (+994%), an average of +231% a year. The sharpest change came in the year to December 2022, when income rose by 301%. Over the whole period it spent 83% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Dion S Chicago Dream Inc NFP sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 90th percentile within IL. Charities of a similar size with the same main cause include Lower East Side Family Union ($3.6m), New Jersey YMCA State Alliance Inc ($3.6m) and Let Them Live Action Corporation ($3.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 93% and program service revenue 6.7% of the total. Compensation of current officers, directors and key employees was $105k (3.4% of expenses). Other salaries and wages came to $548k. At year end it held assets of $995k against liabilities of $49k, net assets of $946k. It reported 15 employees.