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Dream Community Foundation

Charitable organizationOrganizations relieving poverty·301 - 30 ADELAIDE ST E · TORONTO, ON · M5C 3H1·BN 791367600RR0001·website ↗

Last reported: F2024 filing · period ending 2024-12-31

Visit its official website ↗Give via CanadaHelps ↗Both links leave Charity Compass. We never handle your money and take no fee.

Cents to cause T1

—

not in this filing

Operating overhead T1

100%

typical range 5–35%

Reserves T1

—

not in this filing

Revenue T1

$1.4M

not reviewed by an analyst (Charity Intelligence)

— means the filing doesn't include the lines needed; details and sources below.·How to read these figures

This charity filed the simplified return, so some figures can't be computed. Fewer numbers, never invented ones.

Common questions

How do I donate to Dream Community Foundation?

You can search for it on CanadaHelps or give directly through its own website. Charity Compass never handles your money — we only link out to where you can give.

Is Dream Community Foundation a registered charity?

Per CRA records, it filed a F2024 T3010 return under charity number 791367600RR0001. Registration status can change, so check the CRA charities listing for its current status. Only a currently registered charity can issue an official donation receipt.

Where is Dream Community Foundation located?

Per its F2024 T3010, its address on file is 301 - 30 ADELAIDE ST E, TORONTO, ON, M5C 3H1. Source.

What does Dream Community Foundation do?

In its own words, from its F2024 T3010 filing: "'DREAM COMMUNITY FOUNDATION (THE 'FOUNDATION') WAS INCORPORATED ON JUNE 25 2021 UNDER THE PROVISION OF PART II OF THE CANADA CORPORATIONS ACT AS A NON PROFIT CORPORATION WITHOUT SHARE CAPITAL. IT IS A REGISTERED CHARITY UNDER THE INCOME TAX ACT AND AS A RESULT THE ORGANIZATION IS EXEMPT FROM INCOME TAXATION UNDER…" Full program description.

How big is Dream Community Foundation?T1

Its last-reported revenue was $1.4M (F2024), which places it in Charity Compass's $1M–$10M revenue band, alongside 9,072 other operating charities.

What it does — in its own words

Ongoing programs

'DREAM COMMUNITY FOUNDATION (THE 'FOUNDATION') WAS INCORPORATED ON JUNE 25 2021 UNDER THE PROVISION OF PART II OF THE CANADA CORPORATIONS ACT AS A NON PROFIT CORPORATION WITHOUT SHARE CAPITAL. IT IS A REGISTERED CHARITY UNDER THE INCOME TAX ACT AND AS A RESULT THE ORGANIZATION IS EXEMPT FROM INCOME TAXATION UNDER SECTION 149 OF THE INCOME TAX ACT. THE PURPOSE OF THE FOUNDATION IT TO RELIEVE POVERTY AND TO ADDRESS AND PREVENT PROBLEMS FACED BY VULERABLE POPULATIONS INCLUDING INDIVIDUALS AND FAMILIES WHO ARE VULNERABLE PORR UNDERSERVED UNDER SUPPORTED OF LIMITED MEANS OF LOW INCOME OR… Show more

'DREAM COMMUNITY FOUNDATION (THE 'FOUNDATION') WAS INCORPORATED ON JUNE 25 2021 UNDER THE PROVISION OF PART II OF THE CANADA CORPORATIONS ACT AS A NON PROFIT CORPORATION WITHOUT SHARE CAPITAL. IT IS A REGISTERED CHARITY UNDER THE INCOME TAX ACT AND AS A RESULT THE ORGANIZATION IS EXEMPT FROM INCOME TAXATION UNDER SECTION 149 OF THE INCOME TAX ACT. THE PURPOSE OF THE FOUNDATION IT TO RELIEVE POVERTY AND TO ADDRESS AND PREVENT PROBLEMS FACED BY VULERABLE POPULATIONS INCLUDING INDIVIDUALS AND FAMILIES WHO ARE VULNERABLE PORR UNDERSERVED UNDER SUPPORTED OF LIMITED MEANS OF LOW INCOME OR IN NEED BY: (A) DEVELOPING MANAGING OPERATING AND PROVIDING IN HOME STABILITY HOUSING SELECTION HOUSING RENTALS AND OTHER AFFORDABLE HOUSING PROGRAMS AND SERVICES; AND (B) PROVIDING SOCIAL SUPPORT AND ECONOMIC DEVELOPMENT SERVICES AND PROGRAMS INCLUDING JOB AND SKILLS TRAINING JOB OR CONTRACT PLACEMENT PROGRAMS AND OTHER SOCIAL HEALTH COMMUNITY OUTREACH AND COMMUNITY INTEGRATION SERVICES PROGRAMS AND SUPPORTS. IN ADDITION THE FOUNDATION RECEIVES AND MAINTAINS A FUND OR FUNDS AND APPLIES ALL OR PART OF THE PRINCIPAL AND INCOME THEREFROM FROM TIME TO TIME TO QUALIFIED DONEES AS DEFINED IN SUBSECTION 149.1(1) OF THE CANADIAN INCOME TAX ACT.

New programs

YMCA - MOM & BABY YOGA; NATIONAL ARTS CENTREXZIBI SUMMER DANCE SERIES; REGINA JAZZ FREE CONCERT SERIES; SCIENCE ON THE PARKX2; DREAM BIG BASKETBALL PROGRAM; SENIORS WORKSHOPS AND BLACK HISTORY MONTH YOUTH EVENT.

Program descriptions from its F2024 T3010 filing, verbatim · self-reported · this is also the text our semantic search matches against. source ↗

Tier 1 — what we computed (open data)

From the charity's own F2024 T3010 filing. Self-reported; not independently verified. You can recompute every figure. New to these terms? Read what cents to the cause, overhead and reserves mean.

Cents to cause

T1 · computed (open data)

—

Not computable from this filing.

T3010 line 5000 ÷ 4950 · Self-reported on the T3010; not independently verified. source ↗ · what this means

Operating overhead

T1 · computed (open data)

100%

Management, administration, and fundraising as a share of total spending. We treat 5–35% as the typical range; we state the figure, you judge.

T3010 line (5010 + 5020) ÷ 4950 · Self-reported on the T3010; not independently verified. source ↗ · what this means

Reserves

T1 · computed (open data)

—

Not reported in this filing: the return leaves out the lines this figure needs, so we show nothing rather than an estimate.

T3010 line (4100 + 4140) ÷ 5000 · Self-reported on the T3010; not independently verified. source ↗ · what this means

Total revenue

T1 · computed (open data)

$1.4M

Last-reported total revenue.

T3010 line 4700 · Self-reported on the T3010; not independently verified. source ↗

Donor-funded

T1 · computed (open data)

0%

Share of revenue from receipted donations.

T3010 line 4500 ÷ 4700 · Self-reported on the T3010; not independently verified. source ↗

Government-funded

T1 · computed (open data)

0%

Share of revenue from federal, provincial, and municipal sources.

T3010 line 4570 (or 4540+4550+4560) ÷ 4700 · Self-reported on the T3010; not independently verified. source ↗ · what this means

Where the money comes from

Shares of last-reported revenue, per its F2024 T3010. Self-reported; not independently verified.

  • Receipted donationsT1

    0%

    T3010 4500 ÷ 4700

  • GovernmentT1

    0%

    T3010 4570 (or 4540+4550+4560) ÷ 4700

  • Other revenueT1

    100%

    T3010 remainder ÷ 4700

Self-reported on the T3010; not independently verified. source ↗

★ Tier 2 — Charity Intelligence (analyst-reviewed)

Not rated by Charity Intelligence. Their analysts cover 819 of Canada's 83,761 charities; absence of a rating says nothing about this charity. Our computed figures above stand on their own.

Similar charities

Same CRA category, revenue within 20× of this one, and the closest program descriptions in their own filings. A shortlist to compare, not a ranking.

Figures per each charity's F2024 T3010 · self-reported, not audited by us · ✱= that filing's expense lines don't reconcile · open a profile for sources and caveats.

Board of directors

6 directors reported · 4 of 6at arm's length

  • COOPER, MICHAELDIRECTORnot at arm's length
  • HUGHES, ROBERTSECRETARYarm's length
  • KOO, HANLEYSECRETARYarm's length
  • KOO, KRYSTALCHAIRnot at arm's length
  • WADLEY, GORDONVICE-PREISDENTarm's length
  • YANGKI, TSERINGDIRECTORarm's length

From its F2024T3010 filing (public CRA record), as filed. “Arm's length” means not related to other officials by family or business ties. source ↗

Right of reply

This charity hasn't added a response yet. When it does, it appears here, beside the numbers, and is never removed. Represent this charity? Submit a response.

Verify everything: full public record on CharityData.ca ↗ · CRA charities listing ↗