The Backstoppers Inc

Analysis

The Backstoppers Inc is a registered charity in United States, based in Saint Louis, MO. It received its IRS tax-exemption ruling in March 1961, 65 years ago. 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, The Backstoppers Inc reported income of $8.8m and spending of $4.5m, leaving 48% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $5.8m to $8.8m (+52%), an average of +11% a year. The sharpest change came in the year to December 2021, when income rose by 84%. Over the whole period it spent 52% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Backstoppers Inc sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 93rd percentile within MO. Charities of a similar size with the same main cause include Savannah State College Foundation Inc ($8.8m), Wentworth Senior Living ($8.8m) and Japanese Educational Institute of New York ($8.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 83% of the total. Compensation of current officers, directors and key employees was $204k (4.5% of expenses). Other salaries and wages came to $379k. At year end it held assets of $65.6m against liabilities of $11k, net assets of $65.6m. It reported 9 employees.