Dreamkey Partners Inc
4601 Charlotte Park Dr Ste 350, Charlotte, NC · IRS data through FY2024
Revenue, expenses and net assets
Revenue Expenses Net assets
| Tax year | Revenue | Expenses | Net assets |
|---|---|---|---|
| FY2024 | $27,604,493 | $21,503,397 | $21,819,013 |
| FY2023 | $25,741,591 | $24,142,645 | $13,288,242 |
| FY2022 | $81,319,767 | $79,473,799 | $29,283,650 |
| FY2021 | $87,997,566 | $81,644,285 | $27,437,682 |
| FY2020 | $33,997,762 | $33,360,515 | $21,084,401 |
| FY2019 | $13,570,012 | $11,652,869 | $20,447,154 |
| FY2018 | $15,203,020 | $13,090,786 | $20,390,369 |
| FY2017 | $14,442,867 | $11,065,273 | $16,557,639 |
| FY2016 | $7,291,054 | $9,285,124 | $11,794,755 |
| FY2015 | $10,269,726 | $8,796,829 | $13,788,825 |
| FY2014 | $12,458,146 | $9,041,354 | $12,175,939 |
| FY2013 | $9,526,646 | $8,276,424 | $8,759,147 |
| FY2012 | $4,399,460 | $13,042,969 | $7,508,925 |
| FY2011 | $10,259,956 | $16,066,865 | $17,709,826 |
Form 990 filings
The returns filed by Dreamkey Partners Inc (EIN 56-1620516), including Form 990 PDFs and e-file data by year, are available in ProPublica's Nonprofit Explorer. The figures on this page come from IRS data files built from those returns.
Where the revenue came from
| Source | Amount | % of revenue |
|---|---|---|
| Contributions & grants | $6,216,730 | 23% |
| Program service revenue | $18,133,354 | 66% |
| Other revenue | $3,254,409 | 12% |
Where the money was spent
| Category | Amount | % of expenses |
|---|---|---|
| Program services | $17,751,843 | 83% |
| Management & general | $3,751,554 | 17% |
| Fundraising | $0 | 0% |
What the numbers show
- Program service revenue made up 66% of total revenue in FY2024.
- Program services accounted for 83% of functional expenses, management & general 17%, and fundraising 0%.
- 83% of functional expenses went to program services in FY2024. That is higher than 31.3% of 929 Housing & Shelter organizations nationwide (too few in NC for a state comparison).
- Net assets covered about 12.2 months of expenses at the end of the reporting year. That puts it in the 55th percentile among 433 Housing & Shelter organizations in NC.
- Total revenue was higher than 98.6% of 440 Housing & Shelter organizations in NC.
- Total revenue rose from $10,259,956 in FY2011 to $27,604,493 in FY2024. Revenue increased in 7 and decreased in 6 of 13 year-over-year comparisons.
- Expenses exceeded revenue in 3 of 14 reported years (FY2011, FY2012, FY2016).
- The highest revenue on record here is $87,997,566 in FY2021.
- Net assets grew from $17,709,826 to $21,819,013 between FY2011 and FY2024.
- Contributions and grants made up 82% of revenue in FY2011 and 23% in FY2024.
- Listed in the IRS Publication 78 data as eligible to receive tax-deductible contributions (public charity).
Figures compared against other organizations of the same NTEE program area in the same state. See the methodology page for how these are calculated and the guide to reading nonprofit financials for their limits.
About this organization
TO PROVIDE HOUSING TO LOW AND MODERATE INCOME FAMILIES
IRS status
| Ruling year | 1989 |
| Subsection | 501(c)(3) |
| Classification | Public charity |
| Program area (NTEE) | L210 — Housing & Shelter |
| Donations | Listed in the IRS Publication 78 data as eligible to receive tax-deductible contributions (public charity). |
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Source: Internal Revenue Service — Exempt Organizations Business Master File (downloaded November 4, 2026), Statistics of Income extracts, Form 990 e-file data, Publication 78 and the Automatic Revocation list. Figures are as reported by the organization; IRS processing may adjust them. This is not a charity rating and not tax advice. Confirm deductibility in IRS Tax Exempt Organization Search.
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