Dream Center Academy Christian School Inc

Analysis

Dream Center Academy Christian School Inc is a registered charity in United States, based in Louisville, KY. It received its IRS tax-exemption ruling in October 2022, 4 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Dream Center Academy Christian School Inc reported income of $1.0m and spending of $413k, leaving 59% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $515k to $1.0m (+95%), an average of +95% a year. The sharpest change came in the year to December 2023, when income rose by 95%. Over the whole period it spent 40% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Dream Center Academy Christian School 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 79th percentile, and in the 80th percentile within KY. Charities of a similar size with the same main cause include Berkshire Waldorf High School Inc ($1.0m), Monument Academy Building Corporation ($1.0m) and Woodstock Academy Foundation Inc ($1.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 94% of the total. Compensation of current officers, directors and key employees was $74k (18% of expenses). Other salaries and wages came to $197k. At year end it held assets of $909k against liabilities of $0, net assets of $909k. It reported 20 employees.