Bob Tavani House for Medical Respite
Analysis
Bob Tavani House for Medical Respite is a registered charity in United States, based in Duluth, MN. It received its IRS tax-exemption ruling in January 2022, 4 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, Bob Tavani House for Medical Respite reported income of $609k and spending of $195k, leaving 68% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $160k to $609k (+280%), an average of +280% a year. The sharpest change came in the year to December 2023, when income rose by 280%. Over the whole period it spent 34% of the income it received.
Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Bob Tavani House for Medical Respite sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 72nd percentile within MN. Charities of a similar size with the same main cause include Belmont Housing Associates Inc ($608k), Mhany Stella Heights Housing Development Fund Corporation ($609k) and Solar Community Housing Association ($608k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $53k. At year end it held assets of $511k against liabilities of $1,879, net assets of $509k. It reported 3 employees.
Income and spending
Where the income comes from
- Contributions & grants 100%
- Other 0.0%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Belmont Housing Associates Inc | Denver | $608k |
| Mhany Stella Heights Housing Development Fund Corporation | Brooklyn | $609k |
| Solar Community Housing Association | Davis | $608k |
| TG 306 Inc | San Antonio | $609k |