Operation Backpack4kids

Analysis

Operation Backpack4kids is a registered charity in United States, based in Louisville, KY. It received its IRS tax-exemption ruling in July 2022, 4 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, Operation Backpack4kids reported income of $71k and spending of $79k, spending 111% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $158k to $71k (-55%), an average of -55% a year. The sharpest change came in the year to December 2023, when income dropped by 55%. Over the whole period it spent 61% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Operation Backpack4kids sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 26th percentile within KY. Charities of a similar size with the same main cause include Nicaragua-United States Friendship Office Inc ($71k), Cambiando Vidas ($71k) and Nepal Hope Foundation ($71k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $90k against liabilities of $0, net assets of $90k.