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New York · Nonprofit

BREAKING GROUND IV HOUSING DEVELOPMENT FUND CORPORATION

BREAKING GROUND IV HOUSING DEVELOPMENT FUND CORPORATION (New York) receives grants from 1 organization whose IRS filings report $5,000 to it, the largest being JPMORGAN CHASE FOUNDATION ($5,000). 0 of them have funded it in more than one year.

Revenue FY2024
$6.3M
Funders on record
1
Grants received
$5k
Net assets
$-8742570
0/1 repeat funderspeak grant-dependency 0%
01What it does

What Breaking Ground IV Housing Development Fund Corporation does

Mission

Operation of the andrews housing project for the benefit of homeless and low-income adults.

As stated on its FY2024 Form 990.

Program

  1. Bgc iv provides an emergency safe haven and social services for individuals transitioning from homelessness to permanent housing at the andrews. The andrews is comprised of 146 short-term living units, including 138 units of safe haven transitional housing reserved for individuals served by breaking ground's street to home program and other outreach programs. For individuals not yet ready to transition into permanent housing, as well as those who may have struggled in other housing programs, the andrews offers an alternative to life on the street: private, safe, clean, and affordable short-term accommodations. On-site case management and clinical services are available at the andrews to meet the needs of its residents and to help them secure permanent housing. Breaking ground interviewed more than 200 chronically street homeless adults to better understand what features of short-term housing would be most likely to entice them off the streets. In 2003, breaking ground and the architectural league of new york held an open design competition for a new form of accommodation that would reflect their preferences. Competitors were asked to design a prototypical unit and show how 19 such…

    $4,997,355 spent$6,244,553 earned by the program
    100% of program spending

The program described on its FY2024 Form 990. Program spending in total: $4,997,355.

02The organization over time

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.

100 = 20172017 Revenue 100 ($3.8M) Expenses 100 ($4.3M)2018 Revenue 97 ($3.7M) Expenses 97 ($4.2M)2019 Revenue 118 ($4.5M) Expenses 112 ($4.9M)2020 Revenue 111 ($4.2M) Expenses 116 ($5.0M)2021 Revenue 105 ($4.0M) Expenses 109 ($4.8M)2022 Revenue 136 ($5.2M) Expenses 130 ($5.6M)2023 Revenue 161 ($6.1M) Expenses 154 ($6.7M)2024 Revenue 165 ($6.3M) Expenses 148 ($6.4M)
'17'18'19'20'21'22'23'24
Revenue (165)Expenses (148)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2022 to 2023, from $13M to $16M (+22%).

$14M
$14M
$14M
$13M
$12M
$13M
$16M
$14M
'17'18'19'20'21'22'23'24
Total assetsTotal liabilities

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.

2017
2018
2019
2020
2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2017 100%. Grants only. Government contracts and fees sit inside program revenue.

0% of BREAKING GROUND IV HOUSING DEVELOPMENT FUND CORPORATION’s revenue is contributions — more earned-revenue than three-quarters of its peers (39% for the typical peer).

This organization
Typical peer · 4,214 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 8 of the last 8 reported years ran a deficit.

−$551k
’17
−$550k
’18
−$397k
’19
−$829k
’20
−$776k
’21
−$488k
’22
−$573k
’23
−$172k
’24
0.0
months of
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 E Rosen

President & CEO

Board chair

Benjamin Stacks

Chairman & treasurer

As listed on its FY2024 Form 990.

'17'18'19'20'21'22'23'24
Listed77766666
Joined·+1+1+0+0+0+1+0
No longer listed·1110010
03Who funds it

Who funds it, year by year

Grant support over time, funder by funder — shade shows the grant size each year.

Funder
'20
total
funders
1

From the IRS filings of BREAKING GROUND IV HOUSING DEVELOPMENT FUND CORPORATION’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.

Where its funders are

100% of BREAKING GROUND IV HOUSING DEVELOPMENT FUND CORPORATION's grant income comes from New York funders.

NY

Funder states come from each funder’s own filing. 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.

04Its place in the field

Against its field

BREAKING GROUND IV HOUSING DEVELOPMENT FUND CORPORATION has grown faster than half of the 3,973 housing & shelter nonprofits its size.

Operating margin−3% · below the median
Months of reserve0.0mo · bottom quartile
Revenue growth (annualized)7% · above the median

this organization peer median middle 50% of peers· 3,973 housing & shelter nonprofits $1M–$10M, FY2024

Organizations like BREAKING GROUND IV 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

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

78% of spending goes to programs.

Program 78%Management 22%Fundraising 0%

Governance

5
board members
40%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Public support

100%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 1 state

NY

Part of a family of 54 related entities

  • Brook Avenue Hdfc · exempt
  • Webster Ave Hdfc · exempt
  • Breaking Ground II Hdfc · exempt
  • Breaking Ground III Hdfc · exempt
  • One Riverside Park Hdfc · exempt

Screen this organization

A dated, signed PDF of the compliance screen for BREAKING GROUND IV 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.

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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 IV HOUSING DEVELOPMENT FUND CORPORATION?
BREAKING GROUND IV HOUSING DEVELOPMENT FUND CORPORATION (New York) receives grants from 1 organization whose IRS filings report $5,000 to it, the largest being JPMORGAN CHASE FOUNDATION ($5,000). 0 of them have funded it in more than one year.
How many funders does BREAKING GROUND IV HOUSING DEVELOPMENT FUND CORPORATION have?
IRS filings report 1 organization giving $5,000 in grants to BREAKING GROUND IV HOUSING DEVELOPMENT FUND CORPORATION.
Who is the largest funder of BREAKING GROUND IV HOUSING DEVELOPMENT FUND CORPORATION?
JPMORGAN CHASE FOUNDATION is the largest funder on record, with $5,000 in grants. The full list of funders is on this page.
How can an organization like BREAKING GROUND IV 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 IV 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 1 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