Portland Backpack

Analysis

Portland Backpack is a registered charity in United States, based in Portland, OR. It received its IRS tax-exemption ruling in February 2018, 8 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, Portland Backpack reported income of $565k and spending of $648k, spending 115% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $210k to $565k (+169%), an average of +28% a year. The sharpest change came in the year to June 2021, when income rose by 263%. Over the whole period it spent 94% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Portland Backpack sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 72nd percentile within OR. Charities of a similar size with the same main cause include Farmers Family Fund ($565k), Apostolic Ministerial Services ($565k) and Toddler Program ($565k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 89% of the total. Compensation of current officers, directors and key employees was $56k (8.7% of expenses). Other salaries and wages came to $163k. At year end it held assets of $194k against liabilities of $45k, net assets of $150k. It reported 8 employees.