Dr Bobs Home

Analysis

Dr Bobs Home is a registered charity in United States, based in Akron, OH. It received its IRS tax-exemption ruling in September 1985, 41 years ago. Its declared purposes cover diseases, disorders and medical disciplines, which this site groups under health and saving lives. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Dr Bobs Home reported income of $261k and spending of $192k, leaving 26% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $204k to $261k (+27%), an average of +6.3% a year. The sharpest change came in the year to December 2021, when income rose by 53%. Over the whole period it spent 71% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Dr Bobs Home sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 59th percentile within OH. Charities of a similar size with the same main cause include Missing Elements ($260k), Operation Enduring Support ($261k) and Community Pregnancy Center of Pasadena ($260k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 54% of the total. Other salaries and wages came to $29k. At year end it held assets of $1.8m against liabilities of $15k, net assets of $1.8m. It reported 2 employees.