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New York · Nonprofit

LANTERN COMMUNITY SERVICES INC

LANTERN COMMUNITY SERVICES INC (New York) receives grants from 11 organizations whose IRS filings report $1,237,843 to it, the largest being MOTHER CABRINI HEALTH FOUNDATION INC ($600,000). 6 of them have funded it in more than one year.

Revenue FY2025
$39M
Funders on record
11
Grants received
$1.2M
Net assets
$2.9M
6/11 repeat funderspeak grant-dependency 1%
01What it does

What Lantern Community Services Inc does

Mission

Lantern community services' mission is to champion the independence and well-being of people who are impacted by or threatened with homelessness.

As stated on its FY2025 Form 990.

Program

  1. Lantern community services (lantern) creates pathways to stability for new yorkers impacted by homelessness. To support individuals and families in securing and maintaining stable housing, we provide supportive housing, emergency shelter, and wraparound services in 20 sites across manhattan, the bronx, brooklyn, and queens. Across all residences, our wraparound services help those we serve move forward from homelessness and build a foundation for lasting independence.(continued on schedule o)1. Supportive housing:located across manhattan, brooklyn, and the bronx, lantern operates 17 supportive housing residences totaling 1,061 program units for single adults and families who have experienced homelessness, as well as young adults who aged out of foster care. These residences combine permanent affordable housing with voluntary and flexible supportive services such as health education, food programs, therapeutic recreation, skill-building workshops, and guidance for securing stable income. 2. Shelter portfolio:lantern operates three shelter programs in queens. As of the end of fy25, lantern's shelter portfolio consists of:- laurel hall in ozone park, queens a men's shelter for…

    $31,763,448 spent
    100% of program spending

The program described on its FY2024 Form 990. Program spending in total: $31,763,448.

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 ($17M) Expenses 100 ($16M) Net assets -1481 ($-596502)2018 Revenue 97 ($16M) Expenses 89 ($15M) Net assets 100 ($40k)2019 Revenue 112 ($19M) Expenses 111 ($18M) Net assets 354 ($143k)2020 Revenue 141 ($23M) Expenses 143 ($23M) Net assets 569 ($229k)2021 Revenue 182 ($30M) Expenses 184 ($30M) Net assets 717 ($289k)2022 Revenue 233 ($39M) Expenses 233 ($38M) Net assets 1734 ($699k)2023 Revenue 286 ($47M) Expenses 283 ($46M) Net assets 4264 ($1.7M)2024 Revenue 286 ($47M) Expenses 283 ($46M) Net assets 6896 ($2.8M)2025 Revenue 235 ($39M) Expenses 237 ($39M) Net assets 7110 ($2.9M)
'17'18'19'20'21'22'23'24'25
Revenue (235)Expenses (237)Net assets (7110)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 $17M to $27M (+59%).

$3.4M
$4.5M
$6.8M
$6.6M
$8.6M
$17M
$27M
$29M
$26M
'17'18'19'20'21'22'23'24'25
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
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2017 93% · 2018 82% · 2019 90% · 2020 95% · 2021 99% · 2022 98% · 2023 97% · 2024 98% · 2025 99%. Grants only. Government contracts and fees sit inside program revenue.

99% of LANTERN COMMUNITY SERVICES INC’s revenue is contributions — more reliant on donations than three-quarters of its peers (13% for the typical peer).

This organization
Typical peer · 881 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 1 of the last 9 reported years ran a deficit.

$180k
’17
$1.6M
’18
$417k
’19
−$29k
’20
$60k
’21
$410k
’22
$1.0M
’23
$1.1M
’24
$86k
’25
0.1
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

Diane Carole Louard-Michel

Executive director

Board chair

Amy Larovere

Chair

As listed on its FY2025 Form 990.

'17'18'19'20'21'22'23'24'25
Listed141412131515161616
Joined·+6+2+2+3+3+4+4+6
No longer listed·64113346
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 1 funder to 4 funders, grant income rose $75k → $493k.

4 of 11 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 20% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

Left out of every figure on this page: $310k from one payer (the payer shares this organization's board, largest Lantern Organization Inc Lantern Organization Inc). These are real filings, and they are not money LANTERN COMMUNITY SERVICES INC raised.

From the IRS filings of LANTERN COMMUNITY SERVICES 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

LANTERN COMMUNITY SERVICES INC leans on a few funders — its largest provides 48% of grant income and the top three 79%; half comes from just 2 funders.

the vertical line marks half of all grant income — 2 funders to its left

31% 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 LANTERN COMMUNITY SERVICES INC.

48%
largest funder
79%
top three
~3
effective funders

Largest funder’s share by year: 2017 100% · 2019 100% · 2020 75% · 2021 99% · 2022 66% · 2023 79% — 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

17% of LANTERN COMMUNITY SERVICES INC's funders are still giving 3 years after their first grant; 55% give in more than one year at all.

first grant+1y+2y+3y

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

93% of LANTERN COMMUNITY SERVICES INC's grant income comes from New York funders.

NY
NJ
GA

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

’17
’19
’20
’21
’22
’23
New York out of state home

Funder states come from each funder’s own filing. $249k arriving through sponsors registered in 4 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.

04Its place in the field

Against its field

LANTERN COMMUNITY SERVICES INC has grown faster than half of the 449 housing & shelter nonprofits its size.

Operating margin0% · below the median
Months of reserve0.1mo · bottom quartile
Revenue growth (annualized)11% · above the median

this organization peer median middle 50% of peers· 449 housing & shelter nonprofits $10M–$100M, FY2025

Government funding LANTERN COMMUNITY SERVICES INC receives

Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $3.7M on record.

Federal$3.7M
grants $3.7Mcontracts $0
17
18
19
20
21
22
23
24
25
Top agencies
  • Department of Housing and Urban Development$3.3M
  • Department of Agriculture$398k

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 LANTERN COMMUNITY SERVICES 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

05Profile & governance

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

Where the money goes

82% of spending goes to programs.

Program 82%Management 18%Fundraising 0%

Governance

7
board members
100%
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 27 related entities

  • Lantern Organization Inc · exempt
  • Amber Hdfc · exempt
  • Schafer Mews Hdfc · exempt
  • Clover Hdfc · exempt
  • Bilander Hdfc · exempt

Screen this organization

A dated, signed PDF of the compliance screen for LANTERN COMMUNITY SERVICES 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.

A paid feature, included from the $75 plan up. Sign in to download.

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 LANTERN COMMUNITY SERVICES INC?
LANTERN COMMUNITY SERVICES INC (New York) receives grants from 11 organizations whose IRS filings report $1,237,843 to it, the largest being MOTHER CABRINI HEALTH FOUNDATION INC ($600,000). 6 of them have funded it in more than one year.
How many funders does LANTERN COMMUNITY SERVICES INC have?
IRS filings report 11 organizations giving $1,237,843 in grants to LANTERN COMMUNITY SERVICES INC, 6 of which have funded it in more than one year.
Who is the largest funder of LANTERN COMMUNITY SERVICES INC?
MOTHER CABRINI HEALTH FOUNDATION INC is the largest funder on record, with $600,000 in grants. The full list of funders is on this page.
How can an organization like LANTERN COMMUNITY SERVICES 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.

Play a game about who funds Lantern Community Services →

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 11 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