Kettering Backpack Inc

Analysis

Kettering Backpack Inc is a registered charity in United States, based in Dayton, OH. It received its IRS tax-exemption ruling in March 2011, 15 years ago. Its declared purposes cover food, agriculture and nutrition, 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 June 2023, Kettering Backpack Inc reported income of $226k and spending of $194k, spending 86% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $120k to $226k (+89%), an average of +17% a year. The sharpest change came in the year to June 2020, when income rose by 53%. Over the whole period it spent 78% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Kettering Backpack Inc sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 56th percentile within OH. Charities of a similar size with the same main cause include Donahoe Center ($226k), Kara Lota Foundation Inc ($227k) and Partners for Change Tri-Valley ($226k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $19k. At year end it held assets of $414k against liabilities of $827, net assets of $413k. It reported 1 employees.