Ticonderoga Area Backpack Program

Analysis

Ticonderoga Area Backpack Program is a registered charity in United States, based in Ticonderoga, NY. It received its IRS tax-exemption ruling in February 2018, 8 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, Ticonderoga Area Backpack Program reported income of $145k and spending of $66k, leaving 54% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $133k to $145k (+8.7%), an average of +4.3% a year. Over the whole period it spent 45% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Ticonderoga Area Backpack Program sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 45th percentile within NY. Charities of a similar size with the same main cause include Midwest Wisconsin Corporate Guardianship Inc ($145k), Rural Access to Justice Inc ($145k) and Hale Meekins Residence Inc ($145k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 91% of the total. At year end it held assets of $651k against liabilities of $0, net assets of $651k.