Dover Childrens Home

Analysis

Dover Childrens Home is a registered charity in United States, based in Dover, NH. It received its IRS tax-exemption ruling in April 2015, 11 years ago. 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 September 2023, Dover Childrens Home reported income of $2.2m and spending of $2.2m, spending 99% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $1.3m to $2.2m (+67%), an average of +14% a year. The sharpest change came in the year to September 2022, when income rose by 65%. Over the whole period it spent 90% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Dover Childrens Home sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 89th percentile within NH. Charities of a similar size with the same main cause include American Osteopathic Foundation Inc ($2.2m), Livable City ($2.2m) and Royce Learning Center ($2.2m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 25% and program service revenue 52% of the total. Compensation of current officers, directors and key employees was $130k (5.9% of expenses). Other salaries and wages came to $1.4m. At year end it held assets of $6.7m against liabilities of $132k, net assets of $6.6m. It reported 49 employees.