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New York · Nonprofit

Hope Center Development Corporation

Hope Center Development Corporation (New York) receives grants from 6 organizations whose IRS filings report $271,759 to it, the largest being UNITED WAY OF NEW YORK CITY ($170,000). 5 of them have funded it in more than one year.

Revenue FY2024
$876k
Funders on record
6
Grants received
$272k
Net assets
$205k
5/6 repeat funderspeak grant-dependency 22%
01What it does

What Hope Center Development Corporation does

Mission

Charitable

As stated on its FY2024 Form 990.

Program

  1. Serves hot meals and food items to members of the community.

    $739,246 spentof which $682,562 as grants$875,840 earned by the program
    100% of program spending

The program described on its FY2024 Form 990. Program spending in total: $739,246.

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 ($172k) Expenses 100 ($167k) Net assets -265 ($-72930)2018 Revenue 175 ($301k) Expenses 163 ($271k) Net assets -157 ($-43338)2019 Revenue 147 ($252k) Expenses 150 ($251k) Net assets -152 ($-41806)2020 Revenue 181 ($311k) Expenses 145 ($242k) Net assets 100 ($28k)2021 Revenue 370 ($636k) Expenses 350 ($584k) Net assets 289 ($80k)2022 Revenue 435 ($749k) Expenses 439 ($732k) Net assets 352 ($97k)2023 Revenue 617 ($1.1M) Expenses 653 ($1.1M) Net assets 250 ($69k)2024 Revenue 509 ($876k) Expenses 443 ($739k) Net assets 746 ($205k)
'17'18'19'20'21'22'23'24
Revenue (509)Expenses (443)Net assets (746)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 2019 to 2020, from $100k to $175k (+74%).

$69k
$99k
$100k
$175k
$225k
$242k
$214k
$206k
'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: 2019 72% · 2020 82% · 2021 92% · 2022 98% · 2023 6% · 2024 7%. Grants only. Government contracts and fees sit inside program revenue.

100% of Hope Center Development Corporation’s revenue is contributions — more reliant on donations than three-quarters of its peers (91% for the typical peer).

This organization
Typical peer · 23,870 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 1 of the last 8 reported years ran a deficit.

$5k
’17
$30k
’18
$2k
’19
$69k
’20
$52k
’21
$17k
’22
−$28k
’23
$137k
’24
2.8
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.

Board chair

Rc Hugh Nelson

Bishop Baord Chair

As listed on its FY2024 Form 990.

2018201920202021202220232024
Listed10101010101112
Joined·+2+0+3+0+3+2
No longer listed·203021
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 1 funder to 3 funders, grant income rose $0 → $22k.

Funder
'17
'19
'20
'21
'22
'23
'24*
'25*
total
City Harvest Incunclassified
$67k
funders
1
1
2
3
2
3
1
2

1 of 6 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 0% 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 Hope Center Development Corporation’s funders (the co-funder graph). Top 5 of 6 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

Hope Center Development Corporation leans on a few funders — its largest provides 63% of grant income and the top three 95%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

100% 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 Hope Center Development Corporation.

63%
largest funder
95%
top three
~2
effective funders

Largest funder’s share by year: 2019 100% · 2020 100% · 2021 66% · 2022 99% · 2023 55% — 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

100% of Hope Center Development Corporation's grant income comes from New York funders.

NY

In-state vs out-of-state, by year

’19
’20
’21
’22
’23
New York out of state home

Funder states come from each funder’s own filing. $321 arriving through sponsors registered in 1 state 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.

04Its place in the field

Against its field

Hope Center Development Corporation has grown faster than three-quarters of the 21,616 human services nonprofits its size.

Operating margin16% · above the median
Months of reserve2.8mo · below the median
Revenue growth (annualized)26% · top quartile

this organization peer median middle 50% of peers· 21,616 human services nonprofits $100k–$1M, FY2024

Government funding Hope Center Development Corporation receives

Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $445k on record.

Federal$445k
grants $445kcontracts $0
Top agencies
  • Department of Housing and Urban Development$445k

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 Hope Center Development 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

98% of spending goes to programs.

Program 98%Management 2%Fundraising 0%

Governance

11
board members
0%
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.

Screen this organization

A dated, signed PDF of the compliance screen for Hope Center Development 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 Hope Center Development Corporation?
Hope Center Development Corporation (New York) receives grants from 6 organizations whose IRS filings report $271,759 to it, the largest being UNITED WAY OF NEW YORK CITY ($170,000). 5 of them have funded it in more than one year.
How many funders does Hope Center Development Corporation have?
IRS filings report 6 organizations giving $271,759 in grants to Hope Center Development Corporation, 5 of which have funded it in more than one year.
Who is the largest funder of Hope Center Development Corporation?
UNITED WAY OF NEW YORK CITY is the largest funder on record, with $170,000 in grants. The full list of funders is on this page.
How can an organization like Hope Center Development 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 Hope Center 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 6 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