Backpack Weekend Food Program Inc

Analysis

Backpack Weekend Food Program Inc is a registered charity in United States, based in Gastonia, NC. It received its IRS tax-exemption ruling in March 2015, 11 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 2024, Backpack Weekend Food Program Inc reported income of $613k and spending of $484k, leaving 21% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $397k to $613k (+54%), an average of +12% a year. The sharpest change came in the year to June 2022, when income rose by 50%. Over the whole period it spent 83% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Backpack Weekend Food Program Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 73rd percentile within NC. Charities of a similar size with the same main cause include Outreach House ($613k), Transitions Life Center & Community Inc ($613k) and Heartland Coalition for the Homeless Inc ($613k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 102% of the total. Compensation of current officers, directors and key employees was $65k (13% of expenses). Other salaries and wages came to $67k. At year end it held assets of $1.1m against liabilities of $6,641, net assets of $1.1m. It reported 5 employees.