Backroads Foundation

Analysis

Backroads Foundation is a registered charity in United States, based in Brigham City, UT. It received its IRS tax-exemption ruling in June 2022, 4 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, Backroads Foundation reported income of $304k and spending of $312k, spending 102% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $2.3m to $304k (-87%), an average of -86% a year. The sharpest change came in the year to December 2023, when income dropped by 87%. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Backroads Foundation sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 60th percentile within UT. Charities of a similar size with the same main cause include Breckenridge Montessori Inc ($304k), Zoe Foundation Inc ($304k) and Sewickley Community Center ($304k).

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 $18k against liabilities of $9,355, net assets of $8,853.