The Center for New York City
60 Broad St 24th Floor 2503, New York, NY · IRS data through FY2024
Revenue, expenses and net assets
Revenue Expenses Net assets
| Tax year | Revenue | Expenses | Net assets |
|---|---|---|---|
| FY2024 | $46,042,150 | $36,915,641 | $107,856,110 |
| FY2023 | $236,755,925 | $235,175,982 | $98,729,601 |
| FY2022 | $299,132,353 | $296,619,553 | $97,149,658 |
| FY2021 | $23,546,233 | $19,337,200 | $94,636,858 |
| FY2020 | $10,694,611 | $12,266,140 | $90,427,825 |
| FY2019 | $47,922,427 | $22,419,199 | $91,999,354 |
| FY2018 | $65,347,324 | $32,522,353 | $66,496,126 |
| FY2017 | $39,755,980 | $26,962,948 | $33,671,155 |
| FY2016 | $13,440,630 | $12,329,049 | $20,878,123 |
| FY2015 | $18,150,555 | $9,892,570 | $19,766,542 |
| FY2014 | $19,355,787 | $9,216,521 | $11,508,557 |
| FY2013 | $6,814,489 | $8,143,014 | $1,369,291 |
| FY2012 | $6,061,437 | $5,461,797 | $2,697,816 |
| FY2011 | $3,460,487 | $5,446,526 | $2,098,176 |
Form 990 filings
The returns filed by The Center for New York City (EIN 83-0506416), including Form 990 PDFs and e-file data by year, are available in ProPublica's Nonprofit Explorer. The figures on this page come from IRS data files built from those returns.
Where the revenue came from
| Source | Amount | % of revenue |
|---|---|---|
| Contributions & grants | $44,313,415 | 96% |
| Program service revenue | $0 | 0% |
| Other revenue | $1,728,735 | 4% |
Where the money was spent
| Category | Amount | % of expenses |
|---|---|---|
| Program services | $32,764,412 | 89% |
| Management & general | $3,473,637 | 9% |
| Fundraising | $677,592 | 2% |
What the numbers show
- Contributions & grants made up 96% of total revenue in FY2024.
- Program services accounted for 89% of functional expenses, management & general 9%, and fundraising 2%.
- 89% of functional expenses went to program services in FY2024. That is higher than 61.5% of 91 Housing & Shelter organizations in NY.
- Net assets covered about 35.1 months of expenses at the end of the reporting year. That puts it in the 71st percentile among 1352 Housing & Shelter organizations in NY.
- Total revenue was higher than 99.2% of 1456 Housing & Shelter organizations in NY.
- Total revenue rose from $3,460,487 in FY2011 to $46,042,150 in FY2024. Revenue increased in 7 and decreased in 6 of 13 year-over-year comparisons.
- Expenses exceeded revenue in 3 of 14 reported years (FY2011, FY2013, FY2020).
- The highest revenue on record here is $299,132,353 in FY2022.
- Net assets grew from $2,098,176 to $107,856,110 between FY2011 and FY2024.
- Listed in the IRS Publication 78 data as eligible to receive tax-deductible contributions (public charity).
Figures compared against other organizations of the same NTEE program area in the same state. See the methodology page for how these are calculated and the guide to reading nonprofit financials for their limits.
About this organization
IRS status
| Ruling year | 2008 |
| Subsection | 501(c)(3) |
| Classification | Public charity |
| Program area (NTEE) | L99 — Housing & Shelter (in NY) |
| Donations | Listed in the IRS Publication 78 data as eligible to receive tax-deductible contributions (public charity). |
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Source: Internal Revenue Service — Exempt Organizations Business Master File (downloaded November 4, 2026), Statistics of Income extracts, Form 990 e-file data, Publication 78 and the Automatic Revocation list. Figures are as reported by the organization; IRS processing may adjust them. This is not a charity rating and not tax advice. Confirm deductibility in IRS Tax Exempt Organization Search.
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