Backpackbuddy Org Inc

Analysis

Backpackbuddy Org Inc is a registered charity in United States, based in Winfield, WV. It received its IRS tax-exemption ruling in March 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 December 2023, Backpackbuddy Org Inc reported income of $209k and spending of $205k, spending 98% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $186k to $209k (+12%), an average of +12% a year. Over the whole period it spent 97% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Backpackbuddy Org Inc sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 53rd percentile within WV. Charities of a similar size with the same main cause include Shepherds of Love Ministries Inc ($209k), Mustacchi Manor ($209k) and Love Inc of Greater Sheldon ($209k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $87k against liabilities of $0, net assets of $87k.