Backpack Buddies of Greater Bluffto N & Hardeeville

Analysis

Backpack Buddies of Greater Bluffto N & Hardeeville is a registered charity in United States, based in Okatie, SC. It received its IRS tax-exemption ruling in November 2009, 17 years ago. Its declared purposes cover employment, which this site groups under community and economic development. 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, Backpack Buddies of Greater Bluffto N & Hardeeville reported income of $267k and spending of $202k, leaving 24% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $202k to $267k (+32%), an average of +32% a year. The sharpest change came in the year to December 2023, when income rose by 32%. Over the whole period it spent 80% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Backpack Buddies of Greater Bluffto N & Hardeeville sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 64th percentile within SC. Charities of a similar size with the same main cause include Tools & Tiaras Inc ($267k), Junior League of San Jose ($267k) and Inter City Services Inc ($267k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $233k against liabilities of $0, net assets of $233k.