Preble Street
Preble Street reported $36.5 million in revenue and $32.9 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $87.44 went to program services, $9.26 to management and general costs and $3.30 to fundraising. Its largest source of revenue was contributions and grants: 98.4% of the total. Government grants made up 66.7%. The highest compensation it reported for one person was $204,723 (EXECUTIVE DI). 6 people received more than $100,000 in reportable compensation. Revenue rose 50% between FY2020 and FY2025. Source: Form 990, FY2025.
Where $100 of spending went
The fiscal year ending June 30, 2025 · Form 990, Part IX, line 25 · total expenses $33MFor context, the median across 3,614 covered human services charities: $88.27 programs, $11.52 management, $0.21 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
The fiscal year ending June 30, 2025 · Form 990, Part VIII · total revenue $36M- Contributions & grants (non-government)$30.93 $12M
- Government grants$65.08 $24M
- Program service revenue$3.96 $1.5M
- Other revenue$0.03 $12,058
Investment income was negative: −$907K. The bar shows the positive sources only.
The 990 scorecard · same measures for every charity, no grades
| Measure | FY2025 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 87.4% | 87.2% |
| Management & general Part IX 25(C) ÷ 25(A) | 9.3% | 11.4% |
| Fundraising Part IX 25(D) ÷ 25(A) | 3.3% | 0.2% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.03 | $0.02 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 98.4% | 20.6% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 66.7% | 2.4% |
| Program service revenue share Part VIII 2g ÷ 12 | 4.1% | 70.8% |
| Highest reported compensation Part VII-A, columns D–F | $204,723 | $274,992 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 0.62% | 1.18% |
| People paid over $100,000 Part VII, line 2 | 6 | 6 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 12.2 | 6.9 |
| Independent voting board members Part VI 1a–1b | 15 of 15 | 100.0% |
A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.
What the money paid for, in its own words
FY2025 · Form 990, Part III · the three largest programs by expenseFood programs - the largest direct service emergency food program in northern new england, Preble Street food programs prepare and distribute almost one million meals a year to meet the nutritional needs of homeless and low-income individuals and families through the following: food security hub - preparing three meals a day for guests at area homeless shelters and other community members experiencing food insecurity. Soup kitchens - serving three meals a day, 365 days a year at the teen center and florence house. Food pantry - distributing emergency food boxes to individuals and families…
Veterans housing services - operating from offices in portland, lewiston, and bangor, vhs provides rapid re-housing and homelessness prevention services throughout maine for veterans' households that are either experiencing homelessness or are at-risk of homelessness. Using a collaborative and holistic approach, the program supports the housing goals of veterans in urban and rural communities with many entry points and a coordinated continuum of support and housing options. Program services include outreach, case management, emergency food, connection to resources for legal assistance…
Florence house - in partnership with avesta housing, from a safe and supported shelter to permanent housing, florence house serves 65 homeless women 24/365. Florence house provides basic needs from beds to nutritious meals to hygiene education, as well as comprehensive support and referrals for case management, access to community resources for healthcare, mental health, and substance use disorder, employment, and legal assistance, and permanent supportive housing through three components, including: permanent apartments: 25 "housing first" efficiency apartments with support services for…
Highest reported compensation
FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| EXECUTIVE DI Officer, 50.00 hrs/week | $185,190 | $0 | $19,533 | $204,723 |
| DEPUTY DIREC Highest compensated employee, 50.00 hrs/week | $141,833 | $0 | $25,691 | $167,524 |
| VP OF FINANC Highest compensated employee, 50.00 hrs/week | $128,130 | $0 | $25,624 | $153,754 |
| VP OF MISSIO Highest compensated employee, 50.00 hrs/week | $112,595 | $0 | $25,450 | $138,045 |
| VP OF SOCIAL Highest compensated employee, 50.00 hrs/week | $115,482 | $0 | $18,753 | $134,235 |
| VP STRATEGIC Highest compensated employee, 50.00 hrs/week | $116,032 | $0 | $10,701 | $126,733 |
6 people received more than $100,000 in reportable compensation from Preble Street (Part VII, line 2). Compensation of current officers, directors and key employees totaled $204K (Part IX, line 5).
6 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means- Voting board members, and how many are independent Part VI, lines 1a–1b15 · 15 independent
- Audited financial statements Part XII 2bYes
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13Yes
- Document retention policy Part VI 14Yes
- Independent process for top executive pay Part VI 15aYes
- Board given the 990 before filing Part VI 11aYes
- Family or business ties among insiders Part VI 2Yes
- Aware of a significant diversion of assets Part VI 5No
- Excess benefit transaction with an insider Part IV 25aNo
- Loans to or from insiders outstanding Part IV 26No
- Lobbying, or a 501(h) election in effect Part IV 4Yes
- Over $15,000 of professional fundraising services Part IV 18No
- Over $10,000 of activity outside the U.S. Part IV 14bNo
- Employees Part I, line 5417
- Volunteers Part I, line 61,113
Private foundation grants it received
63 private foundations reported grants to Preble Street totaling $1.0M on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.
Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.
Correct a figure or respond
Every number above is copied from Preble Street's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Preble Street, you can publish a response that is linked from this page.
Share or embed this breakdown
Of every $100 Preble Street spent in FY2025, $87.44 went to programs. The full breakdown, from its IRS Form 990:
Embed on your site
Similar-sized charities in this cause
- The Young Men's Christian Association of BirminghamBirmingham, AL · revenue $36M · programs 87.9% · 2025
- The Children's GuildBaltimore, MD · revenue $37M · programs 89.0% · FY2025
- Life ConceptsOrlando, FL · revenue $36M · programs 82.2% · FY2025
- Under 21New York, NY · revenue $37M · programs 86.3% · FY2025
- Lutheran Community at TelfordTelford, PA · revenue $36M · programs 84.5% · FY2025
Questions people ask
How much of Preble Street's spending goes to programs?
In the fiscal year ending June 30, 2025, Preble Street reported that 87.4% of its $32.9 million in expenses went to program services, 9.3% to management and general and 3.3% to fundraising (Form 990, Part IX).
How much does Preble Street pay its top executive?
The largest total compensation Preble Street reported for one person in the fiscal year ending June 30, 2025 was $204,723, for the role of EXECUTIVE DI (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Preble Street get its money?
Of $36.5 million in revenue in the fiscal year ending June 30, 2025, 98.4% came from contributions and grants (including 66.7% from government grants) and 4.1% from program service revenue (Form 990, Part VIII).
Is Preble Street a registered charity?
The IRS lists EIN 01-0418917 as a 501(c)(3) organization (publicly supported organization (170(b)(1)(a)(vi))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- FY2025: Form 990 for the fiscal year ending June 30, 2025, object 202641349349308299 · read the filing
- FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202511339349301541 · read the filing
- FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202411309349303256 · read the filing
- FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202311289349302781 · read the filing
- FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202231269349300633 · read the filing
- FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202121319349300542 · read the filing
All filings for EIN 01-0418917: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.