B Lab Company
Only null% goes to programs Growing revenue
B Lab Company is a 501(c)(3) organization based in Philadelphia, Pennsylvania, registered in 2008, with $32,030,972 in FY2024 revenue. CharityIndex grades it B.
Po Box 37635 Pmb 28400, Philadelphia, PA, 19101 EIN 20-5958773 Since 2008
Revenue (FY2024)
$32.0M
▲ 8.4% vs prior year
Public Benefit median: $140K
Expenses (FY2024)
$31.5M
Net assets
$5.8M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
—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 Lab Company— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
BFinancial health25% of the rating2 mo reserves · +2% 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 Lab Company: 2 mo reserves · +2% 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 Lab Company— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 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 Lab Company: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Contact & location
- Address
- Po Box 37635 Pmb 28400, Philadelphia, PA, 19101
- City
- Philadelphia
- State
- Pennsylvania
- Category
- Public & Societal Benefit
- Subcategory
- Alliances, Advocacy & Professional Societies
- Website
- …
Financial trends
Revenue grew from $7.2M (FY2013) to $32.0M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $9.1MNet assets $5.8M
Operating margin
1.7%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$15.0M
Total liabilities
$9.1M
Net assets
$5.8M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $32,030,972▲8.4% | $31,485,343▲6.0% | $5,849,586▲9.3% | $14,977,886▲3.8% | 990 |
| 2023 | $29,552,630▲10.8% | $29,696,032▲12.8% | $5,354,203▼3.8% | $14,430,677▲13.1% | 990 |
| 2022 | $26,678,597▲40.5% | $26,325,847▲46.6% | $5,567,637▲4.9% | $12,760,590▲10.7% | 990 |
| 2021 | $18,993,326▲32.1% | $17,963,567▲13.6% | $5,305,666▲19.4% | $11,530,827▲16.9% | 990 |
| 2020 | $14,375,322▼17.5% | $15,812,681▲6.5% | $4,443,315▼26.4% | $9,862,189▲2.9% | 990 |
| 2019 | $17,429,685▲32.8% | $14,844,662▲21.2% | $6,035,716▲67.4% | $9,584,404▲41.6% | 990 |
| 2018 | $13,125,142▲13.1% | $12,251,225▲24.9% | $3,605,334▲25.0% | $6,768,585▲10.6% | 990 |
| 2017 | $11,605,088▲50.1% | $9,811,717▲9.2% | $2,884,020▲132% | $6,119,385▲41.0% | 990 |
| 2016 | $7,733,651▲12.8% | $8,984,392▲9.8% | $1,245,278▼52.8% | $4,340,894▼20.6% | 990 |
| 2015 | $6,854,714▼2.6% | $8,185,456▲30.2% | $2,640,767▼33.5% | $5,466,220▼29.5% | 990 |
| 2014 | $7,035,357▼2.0% | $6,287,525▲20.2% | $3,971,401▲23.2% | $7,754,964▲19.9% | 990 |
| 2013 | $7,177,917 | $5,232,221 | $3,223,569 | $6,465,494 | 990 |
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.
Grants received · $7.2M total
44 grants to B Lab Company totaling $7.2M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| New Venture Fund | Capacity building | 2024 | $175,000 |
| The Skoll Fund | Community development | 2023 | $1,010,000 |
| Amalgamated Charitable Foundation Inc | Project support | 2023 | $65,000 |
| The New York Community Trust | For program support. | 2023 | $50,000 |
| Impactassets Inc | General support | 2023 | $5,500 |
| Silicon Valley Community Foundation | Community development | 2022 | $100,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2022 | $50,000 |
| Donor Advised Charitable Giving | Public, societal benefit | 2022 | $32,000 |
| Impactassets Inc | Founders fund | 2022 | $25,000 |
| Tides Foundation | Equity, human rights, and economic empowerment | 2022 | $20,000 |
| Tides Foundation | Equity, human rights, and economic empowerment | 2022 | $20,000 |
| Morgan Stanley Global Impact Funding Trust Inc | Unrestricted general support | 2022 | $10,000 |
| New Venture Fund | Capacity building | 2021 | $392,500 |
| The Skoll Fund | General operating support | 2021 | $200,000 |
| Donor Advised Charitable Giving | Public, societal benefit | 2021 | $25,200 |
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Frequently asked questions
- Is B Lab Company a legitimate nonprofit?
- Yes. B Lab Company is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 20-5958773, based in Philadelphia, Pennsylvania. Donations are tax-deductible.
- What is B Lab Company's EIN?
- B Lab Company's Employer Identification Number (EIN) is 20-5958773.
- How much revenue does B Lab Company report?
- B Lab Company reported $32,030,972 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does B Lab Company have?
- CharityIndex grades B Lab Company B, based on financial health (reserves and operating margin).
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Explore more
Data for B Lab Company (EIN 20-5958773) 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.