B B Lederer Sons Foundation
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves Declining revenue
B B Lederer Sons Foundation is a 501(c)(3) organization based in Westerly, Rhode Island, registered in 1949, with $158,577 in FY2024 revenue. CharityIndex grades it C+.
23 Broad Street, Westerly, RI, 02891 EIN 05-6005322 Since 1949
Revenue (FY2024)
$159K
▲ 467.7% vs prior year
Expenses (FY2024)
$72K
Net assets
$1.1M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C+
—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for B B Lederer Sons Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
B+Financial health25% of the rating185 mo reserves · +55% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For B B Lederer Sons Foundation: 185 mo reserves · +55% margin earns a B+ on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for B B Lederer Sons Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DTransparency10% of the rating1 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For B B Lederer Sons Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Contact & location
- Address
- 23 Broad Street, Westerly, RI, 02891
- City
- Westerly
- State
- Rhode Island
- Category
- —
- Subcategory
- —
Financial trends
Revenue declined from $176K (FY2014) to $159K (FY2024) across 11 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $1.1M
Operating margin
54.9%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$1.1M
Total liabilities
$0
Net assets
$1.1M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $158,577▲468% | $71,580▼1.0% | $1,106,028▲8.9% | $1,106,028▲8.9% | 990PF |
| 2023 | $27,933▲210% | $72,320▼1.9% | $1,015,858▼4.2% | $1,015,858▼4.2% | 990PF |
| 2022 | -$25,502▼111% | $73,700▲22.9% | $1,060,612▼8.5% | $1,060,612▼8.5% | 990PF |
| 2021 | $236,055▲212% | $59,986▲60.7% | $1,159,704▲18.1% | $1,159,704▲18.1% | 990PF |
| 2020 | $75,779▲46.3% | $37,326▼13.5% | $982,304▲4.0% | $982,304▲4.0% | 990PF |
| 2019 | $51,787▼35.0% | $43,143▼16.8% | $944,109▲0.3% | $944,109▲0.3% | 990PF |
| 2018 | $79,724▼2.0% | $51,828▼6.1% | $941,524▲3.2% | $941,524▲3.2% | 990PF |
| 2017 | $81,366▲398% | $55,204▼1.8% | $912,060▲2.5% | $912,060▲2.5% | 990PF |
| 2016 | $16,324▼18.2% | $56,226▼24.3% | $890,153▼5.2% | $890,153▼5.2% | 990PF |
| 2015 | $19,953▼88.7% | $74,255▲24.8% | $939,254▼5.7% | $939,254▼5.7% | 990PF |
| 2014 | $176,485 | $59,517 | $995,906 | $995,906 | 990PF |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Frequently asked questions
- Is B B Lederer Sons Foundation a legitimate nonprofit?
- Yes. B B Lederer Sons Foundation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 05-6005322, based in Westerly, Rhode Island. Donations are tax-deductible.
- What is B B Lederer Sons Foundation's EIN?
- B B Lederer Sons Foundation's Employer Identification Number (EIN) is 05-6005322.
- How much revenue does B B Lederer Sons Foundation report?
- B B Lederer Sons Foundation reported $158,577 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does B B Lederer Sons Foundation have?
- CharityIndex grades B B Lederer Sons Foundation C+, based on financial health (reserves and operating margin).
More nonprofits in Westerly
Explore more
Data for B B Lederer Sons Foundation (EIN 05-6005322) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.