Bucyrus Backpack Program

Analysis

Bucyrus Backpack Program is a registered charity in United States, based in Bucyrus, OH. It received its IRS tax-exemption ruling in September 2013, 13 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 June 2024, Bucyrus Backpack Program reported income of $76k and spending of $71k, spending 93% of its income. Across the 2 years on record, from June 2023 to June 2024, income fell from $119k to $76k (-36%), an average of -36% a year. The sharpest change came in the year to June 2024, when income dropped by 36%. Over the whole period it spent 79% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Bucyrus Backpack Program sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 30th percentile within OH. Charities of a similar size with the same main cause include Taiton Community Center ($76k), Muskogee Rotary Club No 87foundation Inc ($76k) and Cullman County Bosom Buddies Foundation Inc ($76k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 89% of the total. At year end it held assets of $154k against liabilities of $0, net assets of $154k.