Charity Search / BACKPACK BLESSINGS INC
Food, Agriculture & Nutrition (K30) 990 on File

BACKPACK BLESSINGS INC

EIN: 46-2130254 · NEW BERN, NC 28560-2152 · United States · FY 2025 Data
3 out of 5 42 / 100 Based on 2+ years of filings
Financial strength (30%) 64/100
Reliability (20%) 50/100
Effectiveness (25%) 51/100
Impact (25%) No data yet
Financial data: FY 2025 · Scored 9/13/2026
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Financial Overview — FY 2025
$148K
Total Revenue
$152K
Total Expenses
$316K
Net Assets
N/A
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 96.3%
Fundraising Efficiency N/A
Operating Reserve 24.91x
Liability-to-Asset 0.2%
Revenue Diversification 96.2%
Compared with Peers
FY 2025
Compared with 940 similar organizations (United States, Food, Agriculture & Nutrition, $100K–$1M in expenses), FY 2025.
This organization Middle half of peers (P25–P75) Peer median
Ratio This org Peer median Position (P10 → P90)
Program expense ratio
Program expenses / total expenses · higher is better
96.3% 91.4%
P10P90
Above median
Operating reserve
Months of expenses covered by net assets · higher is better
24.9 mo 11.2 mo
P10P90
Above median
Liabilities to assets
Total liabilities / total assets · lower is better
0.2% 0.2%
P10P90
Above median
Revenue concentration
Share of revenue from the largest source · lower is better
96.2% 96.6%
P10P90
Above median
Revenue growth
Year over year revenue growth
-1.3% 8.8%
P10P90
Expense growth
Year over year expense growth
8.9% 7.2%
P10P90
Surplus margin
Surplus as a share of revenue
-2.7% 7.0%
P10P90
Financial History
Year Revenue Expenses Net Assets Program % Staff
2025 $148K $152K $316K 96.3%
2024 $150K $140K $320K 96.1%
2023 $161K $141K $310K 96.1%
2022 $231K $107K N/A 1
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Organization Details
EIN
46-2130254
State
NC
City
NEW BERN
ZIP
28560-2152
Classification
K30
Category
Food, Agriculture & Nutrition
Rating
3★
Coverage
A
Last Updated
Aug 2026
Form 990
On File
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