Outside Dreams Inc

Analysis

Outside Dreams Inc is a registered charity in United States, based in Tazewell, VA. It received its IRS tax-exemption ruling in January 2023, 3 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, Outside Dreams Inc reported income of $145k and spending of $13k, leaving 91% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $113k to $145k (+28%), an average of +28% a year. The sharpest change came in the year to December 2023, when income rose by 28%. Over the whole period it spent 7.7% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Outside Dreams Inc sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 46th percentile within VA. Charities of a similar size with the same main cause include Bnei Uziel Inc ($145k), Forgotten Child Fund Inc ($145k) and Colonial Place Apartments Inc ($145k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $598k against liabilities of $359k, net assets of $238k.