Up From Slavery Initiative

Analysis

Up From Slavery Initiative is a registered charity in United States, based in Bremerton, WA. It received its IRS tax-exemption ruling in June 2024, 2 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, Up From Slavery Initiative reported income of $91k and spending of $112k, spending 123% of what it took in. The sharpest change came in the year to December 2023, when income dropped by 38%. Over the whole period it spent 76% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Up From Slavery Initiative sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 30th percentile within WA. Charities of a similar size with the same main cause include Food Bank News Inc ($91k), Commissioned Inc ($91k) and Project Care ($91k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 98% of the total. At year end it held assets of $172k against liabilities of $0, net assets of $172k.