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Innovations Human Trafficking Collaborative

RegisteredEIN 81-4680515Olympia, WAPoverty relief
Income$675k2023-12
Spending$1.2msame year
Spent / received94%5-year average
Size in its cause69th pctPoverty relief
Exempt since2016Publicly supported organisat
Employees11latest return

Analysis

Innovations Human Trafficking Collaborative is a registered charity in United States, based in Olympia, WA. It received its IRS tax-exemption ruling in December 2016, 10 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, Innovations Human Trafficking Collaborative reported income of $675k and spending of $1.2m, spending 178% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $224k to $675k (+201%), an average of +32% a year. The sharpest change came in the year to December 2020, when income rose by 81%. Over the whole period it spent 94% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Innovations Human Trafficking Collaborative sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 74th percentile within WA. Charities of a similar size with the same main cause include Leadership Experience ($675k), Communities of Hope Inc ($675k) and Water 4 Mercy Inc ($675k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% and program service revenue 1.9% of the total. Compensation of current officers, directors and key employees was $124k (10% of expenses). It paid $6,800 in professional fundraising fees. At year end it held assets of $299k against liabilities of $5,922, net assets of $293k. It reported 11 employees.

Income and spending

$0$301k$602k$904k$1.2m2019 Income: $224,1122019 Spending: $171,32820192020 Income: $405,2722020 Spending: $203,05620202021 Income: $716,3162021 Spending: $329,05620212022 Income: $644,8412022 Spending: $606,46220222023 Income: $675,1702023 Spending: $1,204,9362023
IncomeSpending

Where the income comes from

  • Contributions & grants 97%
  • Program services 1.9%
  • Other 0.6%

Similar-sized charities, same cause

CharityLocationIncome
Leadership ExperiencePhoenix$675k
Communities of Hope IncFenton$675k
Water 4 Mercy IncClearwater$675k
Hendorn Inc Cole ManorPittsburgh$675k