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Bobby Webres Community Outreach Initiative Inc

RegisteredEIN 85-1722293Gonzales, LAPoverty relief
Income$114k2023-12
Spending$67ksame year
Spent / received48%2-year average
Size in its cause36th pctPoverty relief
Exempt since2020Publicly supported organisat
Employees–latest return

Analysis

Bobby Webres Community Outreach Initiative Inc is a registered charity in United States, based in Gonzales, LA. It received its IRS tax-exemption ruling in September 2020, 6 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Bobby Webres Community Outreach Initiative Inc reported income of $114k and spending of $67k, leaving 41% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $97k to $114k (+18%), an average of +18% a year. The sharpest change came in the year to December 2023, when income rose by 18%. Over the whole period it spent 48% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Bobby Webres Community Outreach Initiative Inc sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 39th percentile within LA. Charities of a similar size with the same main cause include Bridge to Mobility ($114k), Military Mobility ($114k) and With Every Hardship Comes Ease Corporation ($114k).

At year end it held assets of $269k against liabilities of $0, net assets of $269k.

Income and spending

$0$29k$57k$86k$114k2022 Income: $96,6842022 Spending: $34,87920222023 Income: $114,3172023 Spending: $66,9162023
IncomeSpending

Where the income comes from

  • Other 100%

Similar-sized charities, same cause

CharityLocationIncome
Bridge to MobilityWestlake$114k
Military MobilityCody$114k
With Every Hardship Comes Ease CorporationBrooklyn$114k
Wings for HeroesHerriman$114k