New York · Nonprofit
HELP DEVELOPMENT CORP
HELP DEVELOPMENT CORP (New York) receives grants from 3 organizations whose IRS filings report $1,485,000 to it, the largest being THDF II Inc DBA The Home Depot Foundation & Homer Fund ($1,250,000). 2 of them have funded it in more than one year.
- Revenue FY2025
- $7.8M
- Funders on record
- 3
- Grants received
- $1.5M
- Net assets
- $47M
What Help Development Corp does
Mission
Help Development Corp. Believes that all people deserve a safe, affordable, stable place to live, and that developing and managing low-income and supportive housing is the best way to achieve that goal.
As stated on its FY2025 Form 990.
Program
Help Development Corp. (hdc) is focused on developing and managing affordable and supportive housing for formerly homeless individuals and families.
$2,212,582 spent$5,704,461 earned by the program100% of program spending
The program described on its FY2024 Form 990. Program spending in total: $2,212,582.
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 2021 to 2022, from $32M to $73M (+132%).
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: 2018 43% · 2019 27% · 2020 4% · 2022 1% · 2023 6% · 2024 4% · 2025 3%. Grants only. Government contracts and fees sit inside program revenue.
28% of HELP DEVELOPMENT CORP’s revenue is contributions — about as donation-reliant as the typical peer (81% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 0 of the last 9 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
Richard Sirota
Board chair
As listed on its FY2025 Form 990.
Who funds it, year by year
2018 → 2023: the base broadened from 1 funder to 2 funders, grant income fell $600k → $80k.
Left out of every figure on this page: $2.9M from 3 payers (the payer shares this organization's board, largest The Help USA Fund Inc). These are real filings, and they are not money HELP DEVELOPMENT CORP raised.
From the IRS filings of HELP DEVELOPMENT CORP’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
HELP DEVELOPMENT CORP leans on a few funders — its largest provides 84% of grant income and the top three 100%; half comes from just 1 funder.
the vertical line marks half of all grant income — 1 funder to its left
89% 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 HELP DEVELOPMENT CORP.
Largest funder’s share by year: 2018 100% · 2019 100% · 2020 100% · 2021 94% · 2022 100% · 2023 88% — 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.
Where its funders are
HELP DEVELOPMENT CORP draws 95% of its grant income from funders outside New York, across 3 states in all.
In-state vs out-of-state, by year
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.
Against its field
HELP DEVELOPMENT CORP runs a healthier operating margin than three-quarters of the 6,891 human services nonprofits its size.
this organization peer median middle 50% of peers· 6,891 human services nonprofits $1M–$10M, FY2025
Government funding HELP DEVELOPMENT CORP receives
Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $3.9M on record.
- Department of Housing and Urban Development$3.9M
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 HELP DEVELOPMENT CORP
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
83% of spending goes to programs.
Governance
Public support
87%
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 93 related entities
- Union Avenue Apartments · disregarded
- Help Livonia II Cs LLC · disregarded
- Genesis Morris-Crotona LLC · disregarded
- Genesis Acquisition LLC · disregarded
- Genesis Rfk LLC · disregarded
Screen this organization
A dated, signed PDF of the compliance screen for HELP DEVELOPMENT CORP: 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 HELP DEVELOPMENT CORP?
- HELP DEVELOPMENT CORP (New York) receives grants from 3 organizations whose IRS filings report $1,485,000 to it, the largest being THDF II Inc DBA The Home Depot Foundation & Homer Fund ($1,250,000). 2 of them have funded it in more than one year.
- How many funders does HELP DEVELOPMENT CORP have?
- IRS filings report 3 organizations giving $1,485,000 in grants to HELP DEVELOPMENT CORP, 2 of which have funded it in more than one year.
- Who is the largest funder of HELP DEVELOPMENT CORP?
- THDF II Inc DBA The Home Depot Foundation & Homer Fund is the largest funder on record, with $1,250,000 in grants. The full list of funders is on this page.
- How can an organization like HELP DEVELOPMENT CORP 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 Help Development →
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 3 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