Seattles Bravest Charity

Analysis

Seattles Bravest Charity is a registered charity in United States, based in Seattle, WA. It received its IRS tax-exemption ruling in March 1996, 30 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, Seattles Bravest Charity reported income of $322k and spending of $187k, leaving 42% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $347k to $322k (-7.2%), an average of -1.8% a year. The sharpest change came in the year to December 2022, when income dropped by 111%. Over the whole period it spent 59% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Seattles Bravest Charity sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 61st percentile within WA. Charities of a similar size with the same main cause include Clinton Community Clinic Inc ($322k), Child Advocacy Center of Carroll County ($322k) and Asian Corporate and Entrepreneur Leaders ($322k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 23% and program service revenue 27% of the total. At year end it held assets of $1.9m against liabilities of $9,000, net assets of $1.8m.