Dream Centers of Colorado Springs
Public records show a registered, tax-exempt organization in good standing.
What it says it does
DREAM CENTERS SERVES VULNERABLE WOMEN AND CHILDREN WHO HAVE NOWHERE ELSE TO TURN. DREAM CENTERS PROGRAMS HELP THOSE TRAPPED IN CYCLES OF POVERTY TO FIND HOPE, EMPBRACE HEALTH, AND BUILD SUSTAINABLE LIVES FOR THEMSELVES AND THEIR CHILDREN.
- Income
- $2.9 million
- Spending
- $2.6 million
- Spent on programs
- 77%
- Reserves
- 3.2 months of spending
- Largest source of income
- donations and private grants, 96%
- Employees
- 26
- Volunteers
- 220
- Highest pay
- $126,936, director/secretary/ ceo
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Good: 75 out of 100. Higher than 50% of charities in its peer group (health care, $1m to $10m).
Reserves
20 of 35Spendable reserves would cover 3.2 months of spending.
Debt
10 of 20It owes 34% of what it owns.
Living within its means
15 of 15Income exceeded spending by 9% of income.
Income trend
15 of 15Income rose 23% on the year before.
Spending floor
15 of 1577% of spending went to programs and raising each dollar of donations cost 12 cents.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Strong: 100 out of 100. Higher than 67% of charities in its peer group (health care, $1m to $10m).
Independent board
25 of 257 of 8 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
7 of 7Has a written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Pay set independently
5 of 5Sets its chief executive's pay through independent review and comparison.
Independent check of accounts
15 of 15Its accounts were audited by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (2)
- $717,723 spent. DREAM CENTERS - WOMENS CLINIC THE WOMENS CLINIC PROVIDES FREE WOMENS HEALTH, BEHAVIORAL HEALTH, AND AND OTHER WRAP-AROUND SERVICES FOR UNINSURED AND UNDER-INSURED WOMEN AGE 13-64. OUR APPROACH TO HEALTHCARE IS WHOLISTIC - SUPPORTING PHYSICAL HEALTH, MENTAL WELL-BEING, AND SPIRITUAL STRENGTH. THE CLINIC PROVIDES PREVENTIVE CARE, ULTRASOUNDS, PREGNANCY RESOURCES, CHIROPRACTIC CARE, NUTRITION COUNSELING, PROFESSIONAL COUNSELING, PRAYER AND RESOURCE ADVOCACY. DURING 2024, THE CLINIC PROVIDED 3,978 APPOINTMENTS, AND 94 VOLUNTEERS SERVED 6,302 HOURS.
- $1.3 million spent. DREAM CENTERS - MARYS HOME MARYS HOME IS A RELATIONSHIP-BASED PROGRAM OFFERING HIGH-CHALLENGE AND SUPPORTIVE TRAUMA INFORMED SERVICES TO SINGLE-MOTHER LED FAMILIES EXITING HOMELESSNESS. THE FIRST 3-6 MONTHS ARE FOCUSED ON TRAUMA-INFORMED RESTORATION, SKILLS TRAINING, STUDIES & CAREER PREP. FAMILIES STAY RESIDENTS FOR 1-5 YEARS, FOLLOWING OUR PROGRAM TO GAIN THE PHYSICAL, MENTAL, AND FINANCIAL HEALTH TO MEET THE COLORADO SELF-SUFFICIENCY STANDARD. IN 2024, MARYS HOME SERVED 21 SINGLE-MOTHERS, THEIR 33 CHILDREN, AND 126 VOLUNTEERS SERVED 2,501 HOURS.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2024.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since August 2011.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.