Society For Preservation of Weeksville & Bedford-stuyvesant Hi
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves Declining revenue
Society For Preservation of Weeksville & Bedford-stuyvesant Hi is a 501(c)(3) organization based in Brooklyn, New York, registered in 1974, with $1,960,612 in FY2023 revenue. CharityIndex grades it D.
158 Buffalo Ave, Brooklyn, NY, 11213 EIN 23-7330454 Since 1974
Revenue (FY2023)
$2.0M
▼ 45.8% vs prior year
Expenses (FY2023)
$2.6M
Net assets
$3.2M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
D
—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 Society For Preservation of Weeksville & Bedford-stuyvesant Hi— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DFinancial health25% of the rating15 mo reserves · -31% 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 Society For Preservation of Weeksville & Bedford-stuyvesant Hi: 15 mo reserves · -31% margin earns a D 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 Society For Preservation of Weeksville & Bedford-stuyvesant Hi— 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 Society For Preservation of Weeksville & Bedford-stuyvesant Hi: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Contact & location
Financial trends
Revenue grew from $1.4M (FY2016) to $2.0M (FY2023) across 6 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $182KNet assets $3.2M
Operating margin
-31.4%
Spent more than it raised in the latest fiscal year.
Total assets
$3.4M
Total liabilities
$182K
Net assets
$3.2M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $1,960,612▼45.8% | $2,575,926▲1.8% | $3,209,607▼16.1% | $3,392,083▼15.3% | 990 |
| 2022 | $3,620,097▲67.0% | $2,531,096▲29.9% | $3,824,921▲39.8% | $4,004,840▲37.3% | 990 |
| 2021 | $2,168,093▼18.4% | $1,947,874▲5.1% | $2,735,920▲8.8% | $2,917,623▲2.5% | 990 |
| 2020 | $2,657,491▲41.7% | $1,853,762▲5.9% | $2,515,701▼4.1% | $2,847,247▼3.5% | 990 |
| 2019 | $1,874,821▲38.4% | $1,750,199▲31.5% | $2,624,171▲6.7% | $2,950,044▲18.6% | 990 |
| 2016 | $1,355,053 | $1,331,216 | $2,458,667 | $2,488,212 | 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 · $1.5M total
29 grants to Society For Preservation of Weeksville & Bedford-stuyvesant Hi totaling $1.5M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| American Online Giving Foundation Inc | General support | 2024 | $8,313 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2023 | $102,650 |
| National Philanthropic Tr | Health | 2023 | $10,000 |
| The Chicago Community Trust | General support for programs, operations and other charitable purposes | 2023 | $8,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2022 | $113,833 |
| Donor Advised Charitable Giving | Arts, culture & humanities | 2022 | $12,700 |
| National Philanthropic Tr | Culture & arts | 2022 | $10,500 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2021 | $122,019 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2021 | $122,019 |
| Donor Advised Charitable Giving | Arts, culture & humanities | 2021 | $11,500 |
| National Philanthropic Tr | Culture & arts | 2021 | $10,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2020 | $101,375 |
| Donor Advised Charitable Giving | Arts, culture & humanities | 2020 | $10,500 |
| Donor Advised Charitable Giving | Arts, culture & humanities | 2020 | $10,500 |
| National Philanthropic Tr | Culture & arts | 2020 | $10,000 |
Frequently asked questions
- Is Society For Preservation of Weeksville & Bedford-stuyvesant Hi a legitimate nonprofit?
- Yes. Society For Preservation of Weeksville & Bedford-stuyvesant Hi is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 23-7330454, based in Brooklyn, New York. Donations are tax-deductible.
- What is Society For Preservation of Weeksville & Bedford-stuyvesant Hi's EIN?
- Society For Preservation of Weeksville & Bedford-stuyvesant Hi's Employer Identification Number (EIN) is 23-7330454.
- How much revenue does Society For Preservation of Weeksville & Bedford-stuyvesant Hi report?
- Society For Preservation of Weeksville & Bedford-stuyvesant Hi reported $1,960,612 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- What financial grade does Society For Preservation of Weeksville & Bedford-stuyvesant Hi have?
- CharityIndex grades Society For Preservation of Weeksville & Bedford-stuyvesant Hi D, based on financial health (reserves and operating margin).
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Data for Society For Preservation of Weeksville & Bedford-stuyvesant Hi (EIN 23-7330454) 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.