PHuman ServicesEIN: 261964620· Ruling Year: 2008

Blessings In A Backpack Inc

Louisville, Kentucky

B+Health Score
73B+

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Good

How This Organization Compares

Compared to 15 peers in Human Services with $10M-$100M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org0.67×
Peer Median7.39×
💰
$14.4M
Total Revenue
📊
$15.6M
Total Expenses
🏦
$10.4M
Net Assets
📋
$1.1M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+9.5%
Year-over-year change (2023 → 2024)
Net Margin
-7.8%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.67
Net assets divided by total expenses
Liabilities-to-Assets
9.4%
Total liabilities as % of total assets

Filing History

14 filings on record
YearRevenueExpensesAssets
2024$14,444,99110%$15,571,3741%$11,457,3366%
2023$13,187,93014%$15,489,73122%$12,159,95016%
2022$11,518,53913%$12,698,35026%$14,548,1616%
2021$13,314,03122%$10,053,08231%$15,477,87223%
2020$17,016,53949%$14,592,28126%$12,613,10029%
2019$11,455,0298%$11,575,69121%$9,771,7131%
2018$10,590,76615%$9,541,6494%$9,712,97711%
2017$9,187,7465%$9,175,68711%$8,731,1812%
2016$9,718,37525%$8,243,13428%$8,528,58719%
2015$7,769,52118%$6,423,83327%$7,168,82429%
2014$6,585,87315%$5,051,49021%$5,563,40439%
2013$5,702,74026%$4,164,39827%$4,009,70563%
2012$4,511,457167%$3,288,42276%$2,454,833101%
2011$1,692,059$1,863,290$1,219,193

Frequently Asked Questions

What does Blessings In A Backpack Inc do?

Blessings In A Backpack Inc is a human services nonprofit organization based in Kentucky. It is classified under NTEE code P60 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Blessings In A Backpack Inc financially healthy?

Based on our 9-metric Financial Health Score model, Blessings In A Backpack Inc has a score of 73/100 (Grade: B+). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Blessings In A Backpack Inc generate?

Blessings In A Backpack Inc reports $13.7M in annual revenue and holds $11.3M in total assets, based on IRS filings.

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Blessings In A Backpack Inc — Louisville, KY | GiveScope