PHILADELPHIA, PA
B Lab Company
Quick Facts
- EIN
- 20-5958773
- Location
- PHILADELPHIA, PA
- Category
- Community Development
- NTEE Code
- W03
- Total Assets
- $15M
- Annual Income
- $32M
- Annual Revenue
- $32M
- IRS Ruling Year
- 2008
- Tax Subsection
- 501(c)(03)
About This Organization
B Lab Company is a nonprofit organization based in PHILADELPHIA, PA. It received its IRS tax-exempt ruling in 2008. The organization is classified under IRC Section 501(c)(03). It operates in the area of community development. Total assets are reported at $15M. Annual income is $32M. The organization has received $13.8M in foundation grants from 13 funders.
Grants Received from Foundations
Foundation grants awarded to B Lab Company, based on IRS 990-PF filings.
| Funder | Amount | Year | Purpose |
|---|---|---|---|
| Marguerite Casey Foundation | $150K | 2024 | GENERAL OPERATING SUPPORT |
| Annie E Casey Foundation | $150K | 2024 | Support for a project to engage and educate businesses around inclusive business standards and practices |
| Ford Foundation | $2.5M | 2023 | GENERAL SUPPORT AND FOR CORE SUPPORT FOR INSTITUTIONAL STRENGTHENING |
| Aphorism Foundation | $1M | 2023 | GENERAL SUPPORT |
| Gates Foundation | $604K | 2023 | U.S. ECONOMIC MOBILITY & OPPORTUNITY |
| Rockefeller Foundation | $360K | 2023 | TOWARD THE COSTS OF DIGITALLY TRANSFORMING ITS ACCREDITATION PROCESS, IN AN EFFORT TO MORE EFFECTIVELY RESPOND TO INCREASED DEMAND FOR THEIR PUBLIC BENEFIT ACCREDITATION PROGRAM FOR COMPANIES |
| Marguerite Casey Foundation | $150K | 2023 | GENERAL OPERATING SUPPORT |
| Annie E Casey Foundation | $150K | 2023 | SUPPORT PROJECT TO ENGAGE AND EDUCATE B CORPORATIONS AND OTHER BUSINESSES ON RACIAL EQUITY AND INCLUSIVE BUSINESS STANDARDS AND PRACTICES |
| Annie E Casey Foundation | $150K | 2023 | SUPPORT PROJECT TO ENGAGE AND EDUCATE B CORPORATIONS AND OTHER BUSINESSES ON RACIAL EQUITY AND INCLUSIVE BUSINESS STANDARDS AND PRACTICES |
| Surdna Foundation Inc. | $20K | 2023 | General Support |
| Ford Foundation | $2.5M | 2022 | GENERAL SUPPORT AND CORE SUPPORT FOR INSTITUTIONAL STRENGTHENING |
| Ford Foundation | $2.5M | 2022 | GENERAL SUPPORT AND CORE SUPPORT FOR INSTITUTIONAL STRENGTHENING |
| Prudential Foundation Inc. | $350K | 2022 | LAUNCHING A NEW GENERATION OF PERFORMANCE REQUIREMENTS FOR B CORP CERTIFICATION AND INCREASING EQUITABLE ACCESS TO THE B CORP COMMUNITY |
| Builders Initiative | $250K | 2022 | To provide one-time general operating support to B Lab as part of the Capitalism 2.0 strategic inquiry |
| Omidyar Network Fund Inc. | $225K | 2022 | General operating support |
| Sorenson Impact Foundation | $200K | 2022 | Development of B Corp certification process and assistance |
| Sorenson Impact Foundation | $200K | 2022 | Development of B Corp certification process and assistance |
| Annie E Casey Foundation | $150K | 2022 | SUPPORT PROJECT TO ENGAGE AND EDUCATE B CORPORATIONS AND OTHER BUSINESSES ON RACIAL EQUITY AND INCLUSIVE BUSINESS STANDARDS AND PRACTICES |
| Annie E Casey Foundation | $150K | 2022 | SUPPORT PROJECT TO ENGAGE AND EDUCATE B CORPORATIONS AND OTHER BUSINESSES ON RACIAL EQUITY AND INCLUSIVE BUSINESS STANDARDS AND PRACTICES |
| Annie E Casey Foundation | $150K | 2022 | SUPPORT PROJECT TO ENGAGE AND EDUCATE B CORPORATIONS AND OTHER BUSINESSES ON RACIAL EQUITY AND INCLUSIVE BUSINESS STANDARDS AND PRACTICES |
| Marguerite Casey Foundation | $95K | 2022 | GENERAL OPERATING SUPPORT |
| Marguerite Casey Foundation | $95K | 2022 | GENERAL OPERATING SUPPORT |
| Skoll Foundation | $85K | 2022 | GENERAL OPERATING SUPPORT |
| Ford Foundation | $1M | 2021 | GENERAL SUPPORT AND FOR CORE SUPPORT FOR INSTITUTIONAL STRENGTHENING |
| Omidyar Network Fund Inc. | $225K | 2021 | General operating support |
| Max Stenbeck Charitable Fund | $140K | 2021 | (1) DESCRIPTION: 4,931 SHARES OF KINNEVIK AB SECURITIES (2) BOOK VALUE: $138,837 (3) METHOD USED TO DETERMINE BOOK VALUE: AVERAGE OF THE HIGH/LOW ON THE DATE THE SECURITIES WERE RECEIVED BY THE FOUNDATION. (4) METHOD USED TO DETERMINE FAIR MARKET VALUE: AVERAGE OF THE HIGH/LOW ON THE DATE THE SECURITIES WERE DONATED. (5) DATE OF THE GIFT: 05/12/2021 (6) PURPOSE: GENERAL OPERATING SUPPORT |
| Omidyar Network Fund Inc. | $200K | 2020 | General operating support |
| Skoll Foundation | $20K | 2020 | GENERAL OPERATING SUPPORT |
Frequently Asked Questions
What does B Lab Company do?
B Lab Company is a nonprofit organization focused on community development, based in PHILADELPHIA, PA. It is classified under IRC Section 501(c)(03).
Who funds B Lab Company?
B Lab Company has received foundation grants from Marguerite Casey Foundation, Annie E Casey Foundation, Ford Foundation, and others.
What is B Lab Company's annual revenue?
B Lab Company reports total assets of $15M. Annual income is $32M.
Where is B Lab Company located?
B Lab Company is located in PHILADELPHIA, PA.
Is B Lab Company a 501(c)(3)?
Yes, B Lab Company is a 501(c)(3) tax-exempt organization. Its EIN is 20-5958773. Donations to this organization may be tax-deductible.
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