Back to Back Inc

Analysis

Back to Back Inc is a registered charity in United States, based in Hopkinsville, KY. It received its IRS tax-exemption ruling in September 2006, 20 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, Back to Back Inc reported income of $176k and spending of $148k, spending 84% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $113k to $176k (+56%), an average of +56% a year. The sharpest change came in the year to December 2023, when income rose by 56%. Over the whole period it spent 89% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Back to Back Inc 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 51st percentile, and in the 51st percentile within KY. Charities of a similar size with the same main cause include Communities United for Action ($176k), Hillside Opening Possibilities for Everyone Inc ($176k) and Friends of the State Fair ($176k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $131k against liabilities of $0, net assets of $131k.