New York · Public charity
New York City Business Assistance Corporation
To reduce unemployment, promote and provide for additional and maximum employment in NYC, encourage the development and/or retention of businesses in NYC; instruct or train individuals to improve and develop their capabilities for jobs in business and encourage economic devt.
- $12k
- Granted FY2023
- 2
- Grants FY2023
- 2
- Organizations funded FY2023
- 100%
- First-time grantees FY2023
- Median grant, FY2023
- $311,413
- Largest grant, FY2023
- $311,413
- Organizations funded a year
- 2 to 19
- FY2017 to FY2023
- Total assets, FY2023
- $2.8M
How open it is to new grantees
In FY2023, 100% of the organizations New York City Business Assistance Corporation funded were first-time grantees, receiving 100% of its grant dollars.
New vs renewed · share of each year
In FY2023, 0% of grant dollars renewed an existing relationship; $324k went to new ones.
Where new relationships form · theme of each grantee’s first grant
How this is measured
The numbers by year
| Fiscal year | Organizations funded | To those organizations | First-time grantees |
|---|---|---|---|
| FY2023 | 2 | $324k | 100% |
| FY2021 | 13 | $500k | 69% |
| FY2020 | 19 | $385k | 100% |
| FY2019 | 9 | $413k | 44% |
| FY2018 | 7 | $289k | 86% |
| FY2017 | 15 | $587k | n/a |
What it funded, over time
Every grant placed by its stated purpose and the recipient’s mission, by year, FY2017 to 2023.
Top grantees
Largest recipients by total granted, FY2017 to FY2023, and the share of each one’s budget the grants supplied at peak.
| Grantee | Total granted | Years | Share of their budget |
|---|---|---|---|
| Workforce Development Corporation | $311,413 | 1 | 4% |
| Rockaway Business Alliance Inc | $100,001 | 2 | 60% |
| Community Solutions International Inc | $100,000 | 2 | 1% |
| The Long Island City Partnership Inc | $100,000 | 1 | 5% |
| Chinatown Partnership Local Development Corp | $99,998 | 2 | 31% |
| Myrtle Avenue Commercial Revitalization and Development Project LDC | $99,983 | 2 | 8% |
| Downtown Brooklyn Partnership Inc | $99,731 | 2 | 2% |
| Flatbush Nostrand Junction District Management Association Inc | $98,899 | 2 | 31% |
| Sutphin Boulevard District Management Association Inc | $87,500 | 1 | 35% |
| Rockaway KB Company LLC | $75,000 | 1 | n/a |
Show all 26 grantees
| Grantee | Total granted | Years | Share of their budget |
|---|---|---|---|
| Workforce Development Corporation | $311,413 | 1 | 4% |
| Rockaway Business Alliance Inc | $100,001 | 2 | 60% |
| Community Solutions International Inc | $100,000 | 2 | 1% |
| The Long Island City Partnership Inc | $100,000 | 1 | 5% |
| Chinatown Partnership Local Development Corp | $99,998 | 2 | 31% |
| Myrtle Avenue Commercial Revitalization and Development Project LDC | $99,983 | 2 | 8% |
| Downtown Brooklyn Partnership Inc | $99,731 | 2 | 2% |
| Flatbush Nostrand Junction District Management Association Inc | $98,899 | 2 | 31% |
| Sutphin Boulevard District Management Association Inc | $87,500 | 1 | 35% |
| Rockaway KB Company LLC | $75,000 | 1 | n/a |
| Youth Ministries for Peace and Justice | $75,000 | 1 | n/a |
| No Longer Empty Inc | $75,000 | 1 | n/a |
| Caliper Studio Inc | $50,000 | 1 | n/a |
| Women's Housing & Economic Development Corporation | $47,259 | 1 | 0% |
| Southwest Brooklyn Industrial Development Corporation | $34,588 | 1 | 3% |
| Lighthouse Fishmarket Inc | $20,000 | 1 | n/a |
| Bruno in Harlem Inc | $20,000 | 1 | n/a |
| IDG Seaport Corp | $20,000 | 1 | n/a |
| Old Seaport Alliance | $19,600 | 1 | 41% |
| Park's Clothing Corp | $16,445 | 1 | n/a |
| Tino's Unisex Hairstyling | $14,838 | 1 | n/a |
| Second Millenium Enterprises Inc | $10,000 | 1 | n/a |
| Jontue Discount Boutique | $7,179 | 1 | n/a |
| Perfect Properties Corp | $6,698 | 1 | n/a |
| Eazy LocksLLC | $6,000 | 1 | n/a |
| Harmony Cakes & Pastries | $5,349 | 1 | n/a |
Plus 29 recipients with no EIN on record ($897k), not named here.
Where it is load-bearing
New York City Business Assistance Corporation supplied at least a quarter of the budget for 5 of its grantees at some point. The chart plots its 12 largest grantees; load-bearing ones sit top left.
Tap a dot to name the grantee.
How this is measured
Co-funders
Grantmakers whose grantees overlap with this funder’s far more than size alone predicts. Closer means stronger alignment; arcs show where they also fund each other. Here they form a tightly interlocked group: most of these funders back each other's grantees too.
Open a dossier: Workforce Development Corporation · Local Initiatives Support Corporation · Jpmorgan Chase Foundation · Fidelity Investments Charitable Gift Fund · Amazonsmile Foundation
How this is measured
Compare New York City Business Assistance Corporation with peer funders
About New York City Business Assistance Corporation
- How much does New York City Business Assistance Corporation give?
- New York City Business Assistance Corporation reported 2 grants totaling $12,375 in its FY2023 IRS filing. It funded between 2 and 19 organizations a year over FY2017 to FY2023.
- What does New York City Business Assistance Corporation fund?
- By grant dollars over FY2017 to FY2023, its largest causes are Community Improvement (60%), Employment (15%), Housing & Shelter (6%).
- Who are New York City Business Assistance Corporation's largest grantees?
- By total granted over FY2017 to FY2023: Workforce Development Corporation ($311k), Rockaway Business Alliance Inc ($100k), Community Solutions International Inc ($100k).
- Does New York City Business Assistance Corporation fund new organizations?
- In FY2023, 100% of the organizations it funded were first-time grantees.
- Which funders back the same organizations as New York City Business Assistance Corporation?
- Its strongest co-funders, measured against what their size predicts, include Workforce Development Corporation, Local Initiatives Support Corporation, Jpmorgan Chase Foundation.
- Where is New York City Business Assistance Corporation based?
- New York City Business Assistance Corporation is based in NY.
Play a game based on New York City Business Assistance’s filings →