Snack in a Backpack Inc

Analysis

Snack in a Backpack Inc is a registered charity in United States, based in Blue Ridge, GA. It received its IRS tax-exemption ruling in September 2012, 14 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, Snack in a Backpack Inc reported income of $125k and spending of $101k, spending 81% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $133k to $125k (-6.5%), an average of -6.5% a year. Over the whole period it spent 71% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Snack in a Backpack Inc sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 45th percentile within GA. Charities of a similar size with the same main cause include Lufkin Isd Education Foundation ($125k), North Dakota Rural Electric Cooperatives Foundation ($125k) and Elderfriends a Foundation for Older Adults ($125k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 174% of the total. Compensation of current officers, directors and key employees was $45k (45% of expenses). At year end it held assets of $440k against liabilities of $0, net assets of $440k. It reported 2 employees.