Businesses Ending Slavery and Trafficking

Analysis

Businesses Ending Slavery and Trafficking is a registered charity in United States, based in Seattle, WA. It received its IRS tax-exemption ruling in August 2012, 14 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Businesses Ending Slavery and Trafficking reported income of $1.4m and spending of $1.2m, spending 89% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $866k to $1.4m (+58%), an average of +12% a year. The sharpest change came in the year to December 2023, when income rose by 52%. Over the whole period it spent 93% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Businesses Ending Slavery and Trafficking sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 83rd percentile within WA. Charities of a similar size with the same main cause include Lockton Cares Inc ($1.4m), Fairfield County Hospice House Inc ($1.4m) and Senior Citizens Services of Texarkana Inc ($1.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 87% and program service revenue 12% of the total. Compensation of current officers, directors and key employees was $165k (14% of expenses). Other salaries and wages came to $649k. At year end it held assets of $907k against liabilities of $37k, net assets of $870k. It reported 14 employees.