Bath Area Backpack Program

Analysis

Bath Area Backpack Program is a registered charity in United States, based in Bath, ME. It received its IRS tax-exemption ruling in January 2017, 9 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 December 2023, Bath Area Backpack Program reported income of $59k and spending of $72k, spending 122% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $51k to $59k (+16%), an average of +16% a year. The sharpest change came in the year to December 2023, when income rose by 16%. Over the whole period it spent 120% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Bath Area Backpack Program sits at the 20th percentile: it is larger than about 20% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 16th percentile within ME. Charities of a similar size with the same main cause include Underhound Railroad ($59k), Iron-Leg Corp ($59k) and Moving Missouri Forward Foundation ($59k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $109k against liabilities of $0, net assets of $109k.