Founded | 1912 |
---|---|
Type | 501(c)(6) non-profit organization |
52-1070270 | |
Focus | Consumer protection Industry self-regulation |
Headquarters | 4250 N Fairfax Drive, Suite 600 Arlington, Virginia U.S. 22203 |
Area served | United States and Canada |
Products | BBB Business Reviews Accreditation for businesses Dispute resolution services |
Services | Rating site |
Subsidiaries | BBB Wise Giving Alliance[1] |
Revenue | $215 million |
Expenses | $20 million |
Employees | 2,500 |
Website | bbb |
The Better Business Bureau (BBB) is an American private, 501(c)(6) nonprofit organization founded in 1912. BBB's self-described mission is to focus on advancing marketplace trust,[2] consisting of 92 independently incorporated local BBB organizations in the United States and Canada, coordinated under the International Association of Better Business Bureaus (IABBB) in Arlington, Virginia.[3]
The Better Business Bureau is not affiliated with any governmental agency. Businesses that affiliate with BBB and adhere to its standards do so through industry self-regulation. To avoid bias, BBB's policy is to refrain from recommending or endorsing any specific business, product or service[4] even though they still advocate for business interests.
The BBB rating system uses an A+ through F letter-grade scale. The grades represent BBB's degree of confidence that the business is operating in good faith and will resolve customer concerns filed with BBB. BBB's ratings are explained on its Ratings Overview page. BBB employees evaluate a business's behavior when assigning a rating.[citation needed]
According to BBB, nearly 400,000 local businesses in North America were accredited as of July 2022.[5] BBB prospects successfully vetted businesses to become dues-paying 'accredited businesses' that pledge and continue to adhere to the BBB Code of Business Practices.[6] In return, BBB allows accredited businesses in good standing to use its trademarked logo in marketing materials.