DREAMSPRING
AI Summary
DREAMSPRING is a nonprofit community development financial institution (CDFI) and U.S. Small Business Administration (SBA) lender focused on enhancing economic inclusion and strength in underserved communities. Founded in 1994, the organization operates across 27 states, providing rapid access to capital and tailored support to vulnerable small business owners, including low-income earners and rural communities, with an operating budget of $14.3 million and total revenue of $14.5 million. DREAMSPRING does not rely on a single funder for 50% or more of its revenue. For more information, visit www.dreamspring.org.
Mission Statement
DREAMSPRING IS A NONPROFIT COMMUNITY DEVELOPMENT FINANCIAL INSTITUTION (CDFI) AND U.S. SMALL BUSINESS ADMINISTRATION (SBA) LENDER DEDICATED TO ACCELERATING THE ECONOMIC INCLUSION AND STRENGTH OF UNDERSERVED COMMUNITIES. FOUNDED IN 1994, THE ORGANIZATION PROVIDES RAPID ACCESS TO CAPITAL AND CUSTOMIZED WRAP-AROUND SUPPORT TO THE MOST VULNERABLE SMALL BUSINESS OWNERS IN 27 STATES, FOCUSING ON UNDERCAPITALIZED COMMUNITIES INCLUDING LOW-INCOME EARNERS, RURAL COMMUNITIES, STARTUPS, PEOPLE WITH DISABILITIES, AND OTHERS."
Cause Areas
1
Entrepreneurship
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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Frequently Asked Questions
What is DREAMSPRING’s budget?
In 2024, DREAMSPRING reported an annual operating budget of around $14.3 million. More detailed financial information is available to registered users.
What causes does DREAMSPRING support?
DREAMSPRING supports work in Entrepreneurship.
Where does DREAMSPRING operate?
DREAMSPRING is headquartered in Albuquerque, NM.
Who funded DREAMSPRING recently?
In 2025, DREAMSPRING received grants from TARGET FOUNDATION, GREAT RIVERS COMMUNITY TRUST, and CHARITIES AID FOUNDATION AMERICA. More information on this organization’s funders is available to registered users.
What is the largest grant DREAMSPRING received in 2024?
The largest grant to DREAMSPRING in 2024 exceeds $256 thousand.
What is DREAMSPRING’s reliance on government grants?
DREAMSPRING relied on government grants for more than 15% of their total revenue in 2024.