Bull City Fair Trade

Analysis

Bull City Fair Trade is a registered charity in United States, based in Durham, NC. It received its IRS tax-exemption ruling in October 1992, 34 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Bull City Fair Trade reported income of $255k and spending of $302k, spending 118% of what it took in. Across the 6 years on record, from December 2018 to December 2023, income grew from $251k to $255k (+1.8%), an average of +0.3% a year. The sharpest change came in the year to December 2021, when income rose by 91%. Over the whole period it spent 102% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Bull City Fair Trade sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 57th percentile within NC. Charities of a similar size with the same main cause include Daigle House Apartmentes Inc ($255k), Rainbow Shoppe ($255k) and Canyon Hope Ministries ($255k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 6.2% of the total. Compensation of current officers, directors and key employees was $55k (18% of expenses). Other salaries and wages came to $84k. At year end it held assets of $116k against liabilities of $85k, net assets of $31k. It reported 4 employees.