Charity Search / PREBLE STREET
Human Services (P300) IRS Verified DX Registered 990 on File

PREBLE STREET

EIN: 01-0418917 · PORTLAND, ME 04101-2921 · United States · FY 2023 Data
3 out of 5 59 / 100 Based on 2+ years of filings
Financial strength (30%) 94/100
Reliability (20%) 55/100
Effectiveness (25%) 88/100
Impact (25%) No data yet
Financial data: FY 2023 · Scored 9/13/2026
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CharityAI™ Score
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Mission Statement

The mission of Preble Street is to provide accessible barrier-free services to empower people experiencing problems with homelessness, housing, hunger, and poverty, and to advocate for solutions to these problems.

Financial Overview — FY 2023
$28.7M
Total Revenue
$24.4M
Total Expenses
$27.8M
Net Assets
439
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 85.0%
Fundraising Efficiency N/A
Operating Reserve 13.64x
Liability-to-Asset 24.3%
Revenue Diversification 99.5%
Executive Compensation $202K
Compared with Peers
FY 2023
Compared with 2,996 similar organizations (United States, Human Services, $10M–$100M in expenses), FY 2023.
This organization Middle half of peers (P25–P75) Peer median
Ratio This org Peer median Position (P10 → P90)
Program expense ratio
Program expenses / total expenses · higher is better
85.0% 87.4%
P10P90
Below median
Admin expense ratio
Management and general / total expenses · lower is better
12.2% 11.3%
P10P90
Below median
Fundraising expense ratio
Fundraising expenses / total expenses · lower is better
2.8% 0.2%
P10P90
Bottom quarter
Operating reserve
Months of expenses covered by net assets · higher is better
13.6 mo 6.3 mo
P10P90
Top quarter
Liabilities to assets
Total liabilities / total assets · lower is better
24.3% 34.8%
P10P90
Above median
Revenue concentration
Share of revenue from the largest source · lower is better
99.5% 93.0%
P10P90
Bottom quarter
Revenue growth
Year over year revenue growth
18.7% 6.5%
P10P90
Expense growth
Year over year expense growth
6.3% 8.1%
P10P90
Surplus margin
Surplus as a share of revenue
14.9% 1.2%
P10P90
Financial History
Year Revenue Expenses Net Assets Program % Staff
2023 $28.7M $24.4M $27.8M 85.0% 439
2022 $24.2M $23.0M $23.2M 87.0% 393
2021 $22.3M $20.7M N/A — 332
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Organization Details
EIN
01-0418917
State
ME
City
PORTLAND
ZIP
04101-2921
Classification
P300
Category
Human Services
Rating
3★
Coverage
A
Last Updated
Aug 2026
Form 990
On File
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