Blacksmith Institute Inc is a 501(c)(3) organization based in New York, New York, registered in 1999, with $18,493,014 in FY2024 revenue. CharityIndex grades it B.
Revenue (FY2024)
$18.5M
▲ 253.5% vs prior year
International median: $227K
Expenses (FY2024)
$6.8M
Net assets
$26.3M
Employees
—
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →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 Blacksmith Institute Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
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 Blacksmith Institute Inc: 46 mo reserves · +63% margin earns a A on this criterion. See the exact thresholds →
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 Blacksmith Institute Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
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 Blacksmith Institute Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $1.7M (FY2013) to $18.5M (FY2024) across 12 reported years.
Financial snapshot
Operating margin
63.0%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$26.8M
Total liabilities
$496K
Net assets
$26.3M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $18,493,014▲254% | $6,837,260▼2.5% | $26,349,672▲77.9% | $26,845,709▲70.6% | 990 |
| 2023 | $5,230,809▼45.8% | $7,015,280▲14.7% | $14,807,379▼10.8% | $15,738,894▼10.3% | 990 |
| 2022 | $9,646,852▼8.2% | $6,117,424▲2.5% | $16,590,987▲27.2% | $17,537,165▲29.7% | 990 |
| 2021 | $10,512,947▲0.9% | $5,966,870▲25.7% | $13,045,009▲39.6% | $13,522,554▲31.7% | 990 |
| 2020 | $10,414,849▲172% | $4,746,196▲10.3% | $9,344,200▲158% | $10,267,828▲114% | 990 |
| 2019 | $3,829,102▼25.5% | $4,302,057▲8.0% | $3,624,709▼11.6% | $4,805,952▼5.4% | 990 |
| 2018 | $5,140,899▲214% | $3,981,974▼21.5% | $4,101,546▲39.4% | $5,082,288▲4.9% | 990 |
| 2017 | $1,637,326▼78.7% | $5,071,045▲7.6% | $2,942,621▼53.9% | $4,843,237▼40.0% | 990 |
| 2016 | $7,673,817▲231% | $4,713,887▲51.1% | $6,376,340▲86.6% | $8,067,922▲64.9% | 990 |
| 2015 | $2,318,172▼51.6% | $3,120,384▲69.9% | $3,416,410▼19.0% | $4,891,294▼7.3% | 990 |
| 2014 | $4,790,205▲174% | $1,836,560▲20.2% | $4,218,622▲233% | $5,274,510▲176% | 990 |
| 2013 | $1,745,134 | $1,527,631▼8.7% | $1,264,977▲20.8% | $1,910,783▲56.3% | 990 |
| 2012 | — | $1,673,709 | $1,047,407 | $1,222,369 | 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.
45 grants to Blacksmith Institute Inc totaling $19.6M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Coefficient Giving Advisors Inc | General support | 2024 | $14,747,897 |
| Coefficient Giving Advisors Inc | General support | 2024 | $714,910 |
| Founders Pledge Inc | Fund charitable activities | 2024 | $150,000 |
| Silicon Valley Community Foundation | Environment | 2024 | $100,000 |
| Amalgamated Charitable Foundation Inc | General operating support and project support | 2024 | $14,125 |
| The New York Community Trust | For general support. | 2024 | $10,000 |
| American Endowment Foundation | Environmental | 2024 | $10,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2023 | $198,500 |
| Silicon Valley Community Foundation | Environment | 2023 | $160,200 |
| American Endowment Foundation | Environmental | 2023 | $130,000 |
| Vanguard Charitable Endowment Program | For recipient's exempt purpose | 2023 | $19,500 |
| Amalgamated Charitable Foundation Inc | Project support | 2023 | $17,500 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2022 | $458,750 |
| Silicon Valley Community Foundation | Environment | 2022 | $150,000 |
| National Philanthropic Tr | Environment, animals | 2022 | $61,500 |
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Data for Blacksmith Institute Inc (EIN 13-4075779) 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.