Back on My Feet

Analysis

Back on My Feet is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in August 2008, 18 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 on My Feet reported income of $4.7m and spending of $5.3m, spending 113% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $7.2m to $4.7m (-35%), an average of -10% a year. The sharpest change came in the year to December 2022, when income dropped by 25%. Over the whole period it spent 99% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Back on My Feet sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 90th percentile within PA. Charities of a similar size with the same main cause include Matthias Academy Corporation ($4.7m), Crossroads Community Inc ($4.7m) and Selah Freedom Inc ($4.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $553k (10% of expenses). Other salaries and wages came to $2.3m. It paid $3,500 in professional fundraising fees. At year end it held assets of $4.2m against liabilities of $407k, net assets of $3.8m. It reported 49 employees.