New York · Nonprofit
CARES OF NY INC
CARES OF NY INC (New York) receives grants from 7 organizations whose IRS filings report $718,997 to it, the largest being CAPITAL DISTRICT PHYSICIANS' HEALTH PLAN INC ($500,000). 3 of them have funded it in more than one year.
- Revenue FY2025
- $18M
- Funders on record
- 7
- Grants received
- $719k
- Net assets
- $6.1M
What Cares of Ny Inc does
Mission
To collaborate with and support our communities towards the creation of systems that end and prevent homelessness.
As stated on its FY2025 Form 990.
Programs
In the last year cares provided housing related technical assistance and consulting to governmental and not-for-profit agencies.
$15,507,537 spentof which $11,560,387 as grants$896,840 earned by the program89% of program spendingHousing property management maintains over 39 apartment units that are serving individuals and families who have been homeless.
$2,010,151 spentof which $467,391 as grants$400,631 earned by the program11% of program spending
The 2 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $17,517,688.
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.
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 $5.0M to $7.7M (+53%).
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 69% · 2019 92% · 2020 92% · 2021 93% · 2022 92% · 2023 91% · 2024 92% · 2025 92%. Grants only. Government contracts and fees sit inside program revenue.
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 3 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.
Board chair
Audra Higgins
Chair
As listed on its FY2025 Form 990.
The chief executive listed changed between the FY2020 and FY2021 filings.
Who funds it, year by year
2017 → 2023: the base narrowed from 2 funders to 1 funder, grant income fell $88k → $16.
2 of 7 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 13% 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 CARES OF NY 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
CARES OF NY INC leans on a few funders — its largest provides 70% of grant income and the top three 98%; half comes from just 1 funder.
the vertical line marks half of all grant income — 1 funder to its left
99% 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 CARES OF NY INC.
Largest funder’s share by year: 2017 76% · 2018 66% · 2019 57% · 2020 97% · 2021 84% · 2022 100% · 2023 100% — growing more concentrated.
“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.
Where its funders are
100% of CARES OF NY INC'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. $95k arriving through sponsors registered in 2 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.
Government funding CARES OF NY INC receives
Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $90.0M on record.
- Department of Housing and Urban Development$90.0M
Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.
Organizations like CARES OF NY 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
96% of spending goes to programs.
Governance
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
Screen this organization
A dated, signed PDF of the compliance screen for CARES OF NY 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 CARES OF NY INC?
- CARES OF NY INC (New York) receives grants from 7 organizations whose IRS filings report $718,997 to it, the largest being CAPITAL DISTRICT PHYSICIANS' HEALTH PLAN INC ($500,000). 3 of them have funded it in more than one year.
- How many funders does CARES OF NY INC have?
- IRS filings report 7 organizations giving $718,997 in grants to CARES OF NY INC, 3 of which have funded it in more than one year.
- Who is the largest funder of CARES OF NY INC?
- CAPITAL DISTRICT PHYSICIANS' HEALTH PLAN INC is the largest funder on record, with $500,000 in grants. The full list of funders is on this page.
- How can an organization like CARES OF NY 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.
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 7 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