BREAKING GROUND HOUSING DEVELOPMENT FUND CORPORATION

NEW YORK, NY, 10018-6505 (212) 389-9300 Est. 1990 EIN 11-3048002

L80Z - Housing & Shelter 990 - Public charity return 501(c)(3)

Mission

SEE SCHEDULE O

Total Revenue

$35,558,133

Total Expenses

$25,040,971

Net Assets

$157,634,659

From latest filing (tax period ending 2024-12-31)

Operating Reserve

6.3 years Healthy

Net assets / monthly expenses

Year-over-Year Change

Revenue ↑ 12.5%

Expenses ↓ 9.2%

Revenue Sources

Contributions 56.3% Earned revenue 39.9% Investment 2.3% Other 1.0%

Expense Breakdown

Program 90.3% Management 6.7% Fundraising 2.9%

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Year	Revenue	Expenses	Net Assets
2024 990 - Public charity return Jan 1, 2024 to Dec 31, 2024	$35,558,133 ↑	$25,040,971	$157,634,659
2023 990 - Public charity return Jan 1, 2023 to Dec 31, 2023	$31,598,965 ↑	$27,566,109	$146,941,026
2022 990 - Public charity return Jan 1, 2022 to Dec 31, 2022	$29,782,334 ↑	$19,907,645	$142,908,170
2020 990 - Public charity return Jan 1, 2020 to Dec 31, 2020	$25,201,657 ↑	$15,793,334	$122,749,390
2019 990 - Public charity return Jan 1, 2019 to Dec 31, 2019	$21,105,622 ↓	$16,075,522	$113,341,067
2018 990 - Public charity return Jan 1, 2018 to Dec 31, 2018	$30,159,358	$16,986,693	$108,310,967