Backpack Assistance Program

Analysis

Backpack Assistance Program is a registered charity in United States, based in Whitefish, MT. It received its IRS tax-exemption ruling in October 2014, 12 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, Backpack Assistance Program reported income of $129k and spending of $86k, leaving 33% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $118k to $129k (+9.0%), an average of +9.0% a year. Over the whole period it spent 65% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Backpack Assistance Program sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 41st percentile within MT. Charities of a similar size with the same main cause include Parent Booster USA Inc ($129k), Project Friendship Inc ($129k) and Witherspoon Court Inc ($129k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $324k against liabilities of $0, net assets of $324k.