New York · Nonprofit
BLANKETS OF HOPE INC
BLANKETS OF HOPE INC (New York) receives grants from 22 organizations whose IRS filings report $768,013 to it, the largest being NOBLELIGHT FOUNDATION ($590,870). 10 of them have funded it in more than one year.
- Revenue FY2024
- $269k
- Funders on record
- 22
- Grants received
- $768k
- Net assets
- $85k
What Blankets of Hope Inc does
Mission
Blankets of hope's mission is to provide needed physical and emotional support to the homeless population. With the help of students across the country and beyond, the organization delivers purple blankets and inspirational handwritten notes to people experiencing homelessness. Blankets of hope helps fulfill a basic need of saving lives by keeping people who live on the streets warm during the winter months while also lifting their spirits with words of encouragement.
As stated on its FY2024 Form 990.
Program
Distribution of thousands of blankets with notes of encouragement to homeless individuals all over the united states.
$199,490 spent$2,416 earned by the program100% of program spending
The program described on its FY2024 Form 990. Program spending in total: $199,490.
The organization over time
Each line starts at 100 in 2019, so what you read is the shape rather than the size: 150 means half as much again as 2019, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2021 to 2022, from $313k to $112k (−64%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
Government-grant reliance: 2022 1%. Grants only. Government contracts and fees sit inside program revenue.
90% of BLANKETS OF HOPE INC’s revenue is contributions — about as donation-reliant as the typical peer (91% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 2 of the last 6 reported years ran a deficit.
reserve
Leadership and staff
The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.
Chief executive
Nicholas Fiorito
President & CEO
As listed on its FY2024 Form 990.
The chief executive listed changed between the FY2022 and FY2023 filings.
Who funds it, year by year
2019 → 2023: the base broadened from 2 funders to 5 funders, grant income rose $108k → $112k.
5 of 22 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 17% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
From the IRS filings of BLANKETS OF HOPE INC’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How concentrated its funding is
BLANKETS OF HOPE INC leans on a few funders — its largest provides 77% of grant income and the top three 90%; half comes from just 1 funder.
the vertical line marks half of all grant income — 1 funder to its left
Largest funder’s share by year: 2019 92% · 2020 83% · 2021 68% · 2022 67% · 2023 90% — diversifying over time.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How long its funders stay
50% of BLANKETS OF HOPE INC's funders are still giving 3 years after their first grant; 45% give in more than one year at all.
Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.
Where its funders are
BLANKETS OF HOPE INC draws 100% of its grant income from funders outside New York, across 11 states in all.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $132k arriving through sponsors registered in 5 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Against its field
BLANKETS OF HOPE INC has grown faster than half of the 21,616 human services nonprofits its size.
this organization peer median middle 50% of peers· 21,616 human services nonprofits $100k–$1M, FY2024
Organizations like BLANKETS OF HOPE INC
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In New York
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
76% of spending goes to programs.
Governance
Public support
67%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Files a return copy in 1 state
Screen this organization
A dated, signed PDF of the compliance screen for BLANKETS OF HOPE INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds BLANKETS OF HOPE INC?
- BLANKETS OF HOPE INC (New York) receives grants from 22 organizations whose IRS filings report $768,013 to it, the largest being NOBLELIGHT FOUNDATION ($590,870). 10 of them have funded it in more than one year.
- How many funders does BLANKETS OF HOPE INC have?
- IRS filings report 22 organizations giving $768,013 in grants to BLANKETS OF HOPE INC, 10 of which have funded it in more than one year.
- Who is the largest funder of BLANKETS OF HOPE INC?
- NOBLELIGHT FOUNDATION is the largest funder on record, with $590,870 in grants. The full list of funders is on this page.
- How can an organization like BLANKETS OF HOPE INC find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in New York. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
Play a game about who funds Blankets of Hope →
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2019–2024), and the filings of 22 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing