Bills Backpacks

Analysis

Bills Backpacks is a registered charity in United States, based in Levelland, TX. It received its IRS tax-exemption ruling in August 2019, 7 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, Bills Backpacks reported income of $67k and spending of $49k, leaving 27% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $70k to $67k (-3.4%), an average of -3.4% a year. Over the whole period it spent 62% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Bills Backpacks sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 28th percentile within TX. Charities of a similar size with the same main cause include Open Arms 101 ($67k), Pathways for Exceptional Children Inc ($67k) and Upward Bound Foundation Incorporated ($67k).

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 $205k against liabilities of $14k, net assets of $191k.