New Dream Family Center

Analysis

New Dream Family Center is a registered charity in United States, based in Eugene, OR. 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, New Dream Family Center reported income of $1.6m and spending of $1.7m, spending 101% of its income. Across the 6 years on record, from December 2018 to December 2023, income grew from $1.5m to $1.6m (+13%), an average of +2.5% a year. The sharpest change came in the year to December 2021, when income rose by 36%. Over the whole period it spent 94% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, New Dream Family Center sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 85th percentile within OR. Charities of a similar size with the same main cause include Camp Blue Skies Foundation ($1.6m), Rainbow Senior Center ($1.6m) and Chrysalis Developmental Homes Inc ($1.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.5% and program service revenue 98% of the total. Compensation of current officers, directors and key employees was $67k (4.0% of expenses). Other salaries and wages came to $1.0m. At year end it held assets of $961k against liabilities of $58k, net assets of $903k. It reported 66 employees.