NEW YORK COMMUNITIES ORGANIZING FUND INC

BROOKLYN, NY, 11201-3875 (347) 756-4949 Est. 2010 EIN 27-2332649
S30 - Economic Development 990 - Public charity return 501(c)(3)
www.nycofi.org

Mission

COMMUNITY-BASED NONPROFIT ORGANIZATION THAT SEEKS TO EMPOWER LOW- AND MODERATE-INCOME NEW YORKERS TO HELP THEMSELVES. THROUGH PUBLIC EDUCATION, ADVOCACY, RESEARCH, AND DIRECT SERVICES, NYCOFI WORKS TO IMPROVE THE ECONOMIC SECURITY AND WELLBEING OF LOWINCOME AND PEOPLE OF COLOR COMMUNITIES THROUGHOUT NEW YORK STATE.

Giving Portfolio

Total Grants
29
Total Giving
$10.6M
Recipients
24
Years Active
2018 - 2024
Avg grant: $518,228 Median: $121,250

Yearly Trends

YearGrantsTotal Giving Avg GrantNewRepeat
20244$2.2M $560K22
20235$3.0M $606K23
20228$615K $77K12
20205$1.8M $356K14
20191$1.2M $1.2M01
20186$1.7M $291K60

Sectors Funded

Public & Societal Benefit
7
Food, Agriculture & Nutrition
5
Civil Rights & Advocacy
5
Crime & Legal-Related
3
Health Care
2
Housing & Shelter
1
Employment
1
Environment
1

Top States

New York
23
District of Columbia
5
South Carolina
1

Grantee Size Profile

$10M - $50M
10
$5M - $10M
9
$1M - $5M
6
$100K - $500K
1

Top Grantees

Page 1 of 2

Grants Awarded · 28 grants

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Financials

Total Revenue
$2,384,487
Total Expenses
$2,473,258
Net Assets
$134,827
9 volunteers
From latest filing (tax period ending 2024-12-31)

Financial Health

Operating Reserve
0.7 months Low
Net assets / monthly expenses
Year-over-Year Change
Revenue ↓ 37.5%
Expenses ↓ 32.5%
Revenue Sources
Contributions 98.8% Other 1.0%
Expense Breakdown
Program 96.3% Management 3.6% Fundraising 0.1%

Officers & Trustees (11)

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Filing History (7 filings)

YearRevenueExpensesNet Assets
2024 990 - Public charity return
Jan 1, 2024 to Dec 31, 2024
$2,384,487 ↓$2,473,258$134,827
2023 990 - Public charity return
Jan 1, 2023 to Dec 31, 2023
$3,814,233 ↑$3,664,353$205,348
2022 990 - Public charity return
Jan 1, 2022 to Dec 31, 2022
$2,707,799 ↑$3,207,792$55,468
2022 990 - Public charity return
Jan 1, 2022 to Dec 31, 2022
$2,613,799 ↓$2,804,967$364,293
2020 990 - Public charity return
Jan 1, 2020 to Dec 31, 2020
$2,757,137 ↑$1,984,998$947,677
2019 990 - Public charity return
Jan 1, 2019 to Dec 31, 2019
$1,342,556 ↓$1,353,941$175,538
2018 990 - Public charity return
Jan 1, 2018 to Dec 31, 2018
$1,998,690 $1,894,007$186,923

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EIN: 27-2332649 · Source: IRS Form 990 e-file data