Backpacks For Life Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2015 | 34,917 | 12,902 | 22,015 | 22.5 | — |
| 2016 | 189,217 | 88,451 | 100,766 | 17.0 | 0% |
| 2017 | 392,525 | 307,875 | 84,650 | 8.2 | 2% |
| 2018 | 273,661 | 298,327 | −24,666 | 7.4 | 5% |
| 2019 | 251,529 | 248,382 | 3,147 | 9.1 | 16% |
| 2020 | 640,585 | 606,726 | 33,859 | 4.4 | 2% |
| 2021 | 605,363 | 446,098 | 159,265 | 10.3 | 5% |
| 2022 | 332,260 | 296,611 | 35,649 | 16.9 | 8% |
| 2023 | 325,304 | 341,886 | −16,582 | 14.1 | 12% |
In its most recent public year (2023), this organization spent $16,582 more than it brought in. Its reserves stood at about 14.1 months of spending, down from 22.5 in 2015. Staff pay was 12% 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 For Life 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