B Street Foundation
Only null% goes to programs Strong reserves Declining revenue
B Street Foundation is a 501(c)(3) organization based in Providence, Rhode Island, registered in 1997, with $61,631 in FY2024 revenue. CharityIndex grades it F.
90 Elm Street, Providence, RI, 02903 EIN 05-0494224 Since 1997
Revenue (FY2024)
$62K
▼ 3.8% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$271K
Net assets
$1.8M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
F
—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 Street Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
FFinancial health25% of the rating80 mo reserves · -340% 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 Street Foundation: 80 mo reserves · -340% margin earns a F 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 Street 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 Street Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- 90 Elm Street, Providence, RI, 02903
- City
- Providence
- State
- Rhode Island
- Subcategory
- Private Foundations
Financial trends
Revenue declined from $454K (FY2014) to $62K (FY2024) across 11 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $1.8M
Operating margin
-340.4%
Spent more than it raised in the latest fiscal year.
Total assets
$1.8M
Total liabilities
$0
Net assets
$1.8M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $61,631▼3.8% | $271,425▲26.1% | $1,810,271▼10.7% | $1,810,271▼13.7% | 990PF |
| 2023 | $64,070▼42.6% | $215,254▲18.0% | $2,026,280▼7.5% | $2,098,007▼6.0% | 990PF |
| 2022 | $111,699▲6.3% | $182,492▼19.5% | $2,190,340▼3.5% | $2,231,378▼1.7% | 990PF |
| 2021 | $105,041▲16.2% | $226,784▲29.5% | $2,268,827▼5.6% | $2,268,827▼5.6% | 990PF |
| 2020 | $90,361▲48.0% | $175,063▼10.3% | $2,402,687▼3.4% | $2,402,687▼3.4% | 990PF |
| 2019 | $61,035▼70.6% | $195,167▲16.5% | $2,487,389▼5.1% | $2,487,389▼5.1% | 990PF |
| 2018 | $207,592▼47.3% | $167,460▼4.1% | $2,621,521▲1.6% | $2,621,521▲1.6% | 990PF |
| 2017 | $393,911▲310% | $174,694▼17.7% | $2,581,389▲9.3% | $2,581,389▲9.3% | 990PF |
| 2016 | $96,014▼7.9% | $212,360▼8.1% | $2,362,172▼4.7% | $2,362,172▼4.7% | 990PF |
| 2015 | $104,292▼77.0% | $230,979▲22.3% | $2,478,518▼4.9% | $2,478,518▼4.9% | 990PF |
| 2014 | $454,320 | $188,899 | $2,605,205 | $2,605,205 | 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.
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Frequently asked questions
- Is B Street Foundation a legitimate nonprofit?
- Yes. B Street Foundation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 05-0494224, based in Providence, Rhode Island. Donations are tax-deductible.
- What is B Street Foundation's EIN?
- B Street Foundation's Employer Identification Number (EIN) is 05-0494224.
- How much revenue does B Street Foundation report?
- B Street Foundation reported $61,631 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does B Street Foundation have?
- CharityIndex grades B Street Foundation F, based on financial health (reserves and operating margin).
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Data for B Street Foundation (EIN 05-0494224) 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.