CYPRESS HILLS LOCAL DEVELOPMENT

BROOKLYN, NY, 11208 (718) 647-2800 Est. 1983 EIN 11-2683663
S200 - Community Improvement 990 - Public charity return 501(c)(3)
www.cypresshills.org

Mission

WITH COMMUNITY RESIDENTS LEADING THE WAY, THE MISSION OF CYPRESS HILLS LOCAL DEVELOPMENT CORPORATION (CHLDC) IS TO BUILD A STRONG SUSTAINABLE CYPRESS HILLS AND EAST NEW YORK, WHERE YOUTH AND ADULTS ACHIEVE EDUCATIONAL AND ECONOMIC SUCCESS, SECURE AFFORDABLE HOUSING AND DEVELOP LEADERSHIP SKILLS TO TRANSFORM THEIR LIVES AND COMMUNITY. WE ALSO PROMOTE POLICIES THAT PROMOTE RACIAL EQUITY.

Financials

Total Revenue
$33,123,244
Total Expenses
$25,228,831
Net Assets
$27,826,369
654 employees 19 volunteers
From latest filing (tax period ending 2025-06-30)

Financial Health

Operating Reserve
13.2 months Healthy
Net assets / monthly expenses
Year-over-Year Change
Revenue ↑ 13.2%
Expenses ↑ 21.7%
Revenue Sources
Contributions 92.8% Earned revenue 4.4% Investment 1.2% Other 2.0%
Expense Breakdown
Program 77.0% Management 20.6% Fundraising 2.4%

Officers & Key Employees (27)

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Grants Received (126)

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Filing History (13 filings)

YearRevenueExpensesNet Assets
2024 990 - Public charity return
Jul 1, 2024 to Jun 30, 2025
$33,123,244 ↑$25,228,831$27,826,369
2023 990 - Public charity return
Jul 1, 2023 to Jun 30, 2024
$29,259,219 ↑$20,735,952$19,931,956
2023 990 - Public charity return
Jul 1, 2023 to Jun 30, 2024
$28,477,850 ↑$20,566,805$19,319,734
2022 990 - Public charity return
Jul 1, 2022 to Jun 30, 2023
$19,269,176 ↑$18,060,306$11,851,488
2022 990 - Public charity return
Jul 1, 2022 to Jun 30, 2023
$18,937,282 ↓$18,171,211$11,408,689
2021 990 - Public charity return
Jul 1, 2021 to Jun 30, 2022
$19,227,738 ↑$16,361,867$10,642,618
2020 990 - Public charity return
Jul 1, 2020 to Jun 30, 2021
$16,091,549 ↑$13,376,706$7,776,747
2020 990 - Public charity return
Jul 1, 2020 to Jun 30, 2021
$13,804,521 ↓$13,188,403$4,736,999
2019 990 - Public charity return
Jul 1, 2019 to Jun 30, 2020
$14,908,263 ↓$14,572,786$4,403,135
2018 990 - Public charity return
Jul 1, 2018 to Jun 30, 2019
$15,595,371 $15,570,800$4,067,658

3 older filings not shown

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EIN: 11-2683663 · Source: IRS Form 990 e-file data