Backpack Blessings Inc
New Bern, North Carolina
BHealth Score
64B
Financial Health Score
8-metric score across financial health, operational efficiency, and resilience. Based on IRS Form 990 filing data.
Above Average
💰
$150K
Total Revenue
📊
$140K
Total Expenses
🏦
$320K
Net Assets
📋
$3K
Total Liabilities
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Revenue Growth
-6.9%
Year-over-year change (2023 → 2024)
Net Margin
+6.8%
Revenue minus expenses as % of revenue
Working Capital Ratio
2.29
Net assets divided by total expenses
Liabilities-to-Assets
0.9%
Total liabilities as % of total assets
Filing History
11 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2024 | $149,981↓7% | $139,764↓1% | $322,910↑4% | — |
| 2023 | $161,145↑14% | $140,704↑31% | $310,231↑5% | — |
| 2022 | $141,623↓10% | $107,084↑36% | $294,801↑15% | — |
| 2021 | $157,791↓5% | $78,818↓39% | $256,013↑44% | — |
| 2020 | $166,296↑12% | $128,430↑18% | $178,364↑26% | — |
| 2019 | $148,671↑13% | $108,944↑1% | $141,687↑37% | — |
| 2018 | $131,069↑4% | $108,274↓21% | $103,427↑26% | — |
| 2017 | $126,033↓8% | $136,615↑40% | $82,257↓13% | — |
| 2016 | $137,405↑25% | $97,510↑10% | $94,839↑100% | — |
| 2015 | $110,277↑27% | $88,613↑41% | $47,468↑10% | — |
| 2014 | $86,855 | $62,888 | $43,203 | — |
Frequently Asked Questions
What does Backpack Blessings Inc do?▼
Backpack Blessings Inc is a food, agriculture & nutrition nonprofit organization based in North Carolina. It is classified under NTEE code K30 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Backpack Blessings Inc financially healthy?▼
Financial health scoring requires Form 990 filing data. Check back as we process more filings for Backpack Blessings Inc.
How much revenue does Backpack Blessings Inc generate?▼
Backpack Blessings Inc reports $148K in annual revenue and holds $316K in total assets, based on IRS filings.
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