New York · Nonprofit
BREAKING GROUND HOUSING DEVELOPMENT FUND CORPORATION
BREAKING GROUND HOUSING DEVELOPMENT FUND CORPORATION (New York) receives grants from 124 organizations whose IRS filings report $50,215,702 to it, the largest being New York City Partnership Foundation Inc ($11,218,065). 64 of them have funded it in more than one year.
- Revenue FY2024
- $36M
- Funders on record
- 124
- Grants received
- $50M
- Net assets
- $158M
What Breaking Ground Housing Development Fund Corporation does
Mission
We offer affordable housing and support programs for homeless and vulnerable new yorkers.
As stated on its FY2024 Form 990.
Programs
The times square is breaking ground's flagship supportive housing residence. Breaking ground transformed this building into the largest permanent supportive housing residence in the nation and contributed to the revitalization of the times square neighborhood as a whole while demonstrating a new approach to ending long-term urban homelessness. The times square combines permanent affordable housing for low-income and formerly homeless adults, persons with serious mental illness and persons living with hiv/aids. A range of on-site social services are provided by breaking ground's social service partner, the center for urban community services.
$11,952,550 spent$8,768,926 earned by the program53% of program spendingScatter site living provides clients with special needs an opportunity to live in the community in an apartment setting while still receiving supportive services. These programs assist individuals with their reintegration into the community and move toward greater stability and independence. Clients work with case managers to develop mutually agreeable goals and service plans aimed at improving their individual lives. Some of the services provided include:*daily living skills and money management *positive social networking and family integration *medication management *vocational and educational services *health and medical services*crisis intervention *client self-advocacy street to home outreach
$3,451,374 spent$3,459,321 earned by the program15% of program spendingPark house and webster avenue park house is breaking ground's first affordable family project. It shares a large site with a companion building, webster avenue supportive residence, reclaiming a brownfield site. The 243,760 sf, 12-story project contains 248 studio, one-, two-,and three-bedroom units that are home to low-income working adults and families.webster avenue supportive residence provides 170 microstudio apartments for formerly homeless single adults - many living with hiv/aids or special needs - and low-income working adults from the bronx community. Together, park house and webster provide 418 units of supportive and affordable housing in the tremont section of the bronx.
$1,578,950 spent$1,476,919 earned by the program7% of program spendingStreet to home outreach program founded on the premise that housing is the essential first step to addressing the complex issues faced by chronically homeless individuals. Street to home is a systematic method of identifying and prioritizing for housing those who have been outdoors the longest and who have the highest risk of premature death on the streets.the chronically homeless are sometimes referred to as "hard to house" due to their non-responsiveness to traditional outreach efforts (e.g., offers of a night in the shelter or a warm meal) and the challenges to stability posed by severe and persistent mental illness, chronic health conditions and alcohol and substance abuse. By taking the time to gain the trust of chronically homeless individuals gradually over time, and offering housing without conditions (e.g., sobriety), street to home demonstrates that these individuals do want a home and can successfully secure and maintain permanent housing.the street to home model was pioneered by breaking ground in 2004 and adopted by the nyc department of homeless services as a citywide strategy in 2007. Through our street to home program, breaking ground makes contact with an average…
$5,639,597 spent$495,781 earned by the program25% of program spending
The 4 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $22,622,471.
The organization over time
Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 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 2017 to 2018, from $208M to $178M (−15%).
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: 2017 41% · 2018 0% · 2021 3%. Grants only. Government contracts and fees sit inside program revenue.
56% of BREAKING GROUND HOUSING DEVELOPMENT FUND CORPORATION’s revenue is contributions — more donation-reliant than the typical peer (13% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 0 of the last 8 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
Brenda Rosen
President & CEO
Board chair
Michael Franco
Chairman
As listed on its FY2024 Form 990.
Who funds it, year by year
2017 → 2023: the base broadened from 14 funders to 49 funders, grant income rose $1.2M → $8.4M.
25 of 124 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 6% 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 BREAKING GROUND HOUSING DEVELOPMENT FUND CORPORATION’s funders (the co-funder graph). Top 30 of 124 funders by total. 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
BREAKING GROUND HOUSING DEVELOPMENT FUND CORPORATION has a broad base — no single funder exceeds 22% of grant income, and it takes 3 funders to reach half.
the vertical line marks half of all grant income — 3 funders to its left
37% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund BREAKING GROUND HOUSING DEVELOPMENT FUND CORPORATION.
Largest funder’s share by year: 2017 63% · 2018 88% · 2019 58% · 2020 22% · 2021 48% · 2022 55% · 2023 47% — 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
41% of BREAKING GROUND HOUSING DEVELOPMENT FUND CORPORATION's funders are still giving 3 years after their first grant; 52% 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
66% of BREAKING GROUND HOUSING DEVELOPMENT FUND CORPORATION's grant income comes from New York funders.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $2.9M arriving through sponsors registered in 15 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
BREAKING GROUND HOUSING DEVELOPMENT FUND CORPORATION runs a healthier operating margin than three-quarters of the 818 housing & shelter nonprofits its size.
this organization peer median middle 50% of peers· 818 housing & shelter nonprofits $10M–$100M, FY2024
Organizations like BREAKING GROUND HOUSING DEVELOPMENT FUND CORPORATION
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
90% of spending goes to programs.
Governance
Public support
76%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Files a return copy in 1 state
Part of a family of 55 related entities
- Times Square Hotel LLC · disregarded
- Brook Avenue Hdfc · exempt
- Webster Ave Hdfc · exempt
- Breaking Ground II Hdfc · exempt
- Breaking Ground III Hdfc · exempt
Screen this organization
A dated, signed PDF of the compliance screen for BREAKING GROUND HOUSING DEVELOPMENT FUND CORPORATION: 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 BREAKING GROUND HOUSING DEVELOPMENT FUND CORPORATION?
- BREAKING GROUND HOUSING DEVELOPMENT FUND CORPORATION (New York) receives grants from 124 organizations whose IRS filings report $50,215,702 to it, the largest being New York City Partnership Foundation Inc ($11,218,065). 64 of them have funded it in more than one year.
- How many funders does BREAKING GROUND HOUSING DEVELOPMENT FUND CORPORATION have?
- IRS filings report 124 organizations giving $50,215,702 in grants to BREAKING GROUND HOUSING DEVELOPMENT FUND CORPORATION, 64 of which have funded it in more than one year.
- Who is the largest funder of BREAKING GROUND HOUSING DEVELOPMENT FUND CORPORATION?
- New York City Partnership Foundation Inc is the largest funder on record, with $11,218,065 in grants. The full list of funders is on this page.
- How can an organization like BREAKING GROUND HOUSING DEVELOPMENT FUND CORPORATION 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 Breaking Ground Housing Development →
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 124 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 22, 2026. What this page cannot tell you · view filing