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MIP Score

54

Philanthropy
NEC Philanthropy Support

Backpacks for Life Inc.

Mission

The primary exempt purpose of the organization is to help homeless and disadvantaged veterans by providing them with daily life essentials as well as communicate to them about the various programs and agencies that are in place to help them adapt and succeed as they transition to life after service.

Basic Information

Tax-Exempt

Address

28 Bright St, Jersey City, New Jersey, 07302

View all Jersey City charities

Founded in

2014

EIN

47-1281873

Total Assets

$420.8 thousand

UN Sustainable Development Goals Supported

This organization contributes to the following United Nations Sustainable Development Goals. See the SDG page for more information.

MIP Score (Beta)

The MIP Score is in beta! We'd love any feedback you may have.

The MIP Score and it's methodology is purely used as a way to visualize how a nonprofits public financial data compares against others. It doesn't reflect the unique circumstances and impact that a nonprofit has.The MIP Score should never be used to say one charity is better than another.

Overall Score

54

56

/100

Program Expense Ratio

88.25%

20

/20

Program Revenue Growth

-100.00%

2

/20

Leverage Ratio

0.00919

20

/20

Working Capital Ratio

1.406

12

/20

Fundraising Efficiency

0

2

/20

Latest Filing Data: Form 990

Fiscal Year:2022

Source:Source: Self-reported by organization

Financial Details

Revenue

CategoryAmountPercentage
Contributions, Gifts, and Grants313.1K94.24%
Program Services00.00%
Investment Income810.02%
Sales of Non-Inventory Assets00.00%
Other Notable Sources00.00%
Total Revenue332.3K100.00%