Backpacks Of Love Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 63,676 | 25,899 | 37,777 | 19.4 | — |
| 2013 | 54,828 | 31,482 | 23,346 | 24.8 | — |
| 2014 | 50,534 | 44,440 | 6,094 | 19.2 | — |
| 2015 | 102,774 | 100,986 | 1,788 | 10.1 | — |
| 2016 | 159,834 | 120,740 | 39,094 | 12.3 | — |
| 2017 | 126,301 | 166,076 | −39,775 | 6.1 | — |
| 2018 | 127,347 | 147,381 | −20,034 | 5.2 | — |
| 2019 | 107,379 | 131,313 | −23,934 | 3.7 | — |
| 2020 | 100,339 | 72,722 | 27,617 | 11.2 | — |
| 2021 | 125,685 | 81,900 | 43,785 | 16.4 | — |
| 2022 | 139,936 | 159,016 | −19,080 | 7.0 | — |
| 2023 | 197,342 | 193,103 | 4,239 | 6.0 | 31% |
In its most recent public year (2023), this organization brought in $4,239 more than it spent. Its reserves stood at about 6 months of spending, down from 19.4 in 2012. Staff pay was 31% of spending.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
Backpacks Of Love Inc's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works