New York · Nonprofit
NEW DESTINY HOUSING CORPORATION
NEW DESTINY HOUSING CORPORATION (New York) receives grants from 38 organizations whose IRS filings report $8,972,123 to it, the largest being The Chicago Community Trust ($5,000,000). 23 of them have funded it in more than one year, and 63% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
- Revenue FY2025
- $20M
- Funders on record
- 38
- Grants received
- $9.0M
- Net assets
- $19M
What New Destiny Housing Corporation does
Mission
New destiny's mission is to end the cycle of domestic violence and homelessness for low-income families and individuals by developing and connecting them to safe, permanent, affordable housing and services
As stated on its FY2025 Form 990.
Programs
In fy 2025 new destiny operated two direct service programs the family support program and housing access and stability services.the family support program provides voluntary on-site services at new destiny's permanent housing to promote housing stability, prevent or, if necessary, respond to incidents of violence, and improve the overall well-being and economic progress of tenants. On-site services include community building events, parenting support groups, safety and job readiness. Legal, health, and job training services are provided through partnerships with local and citywide partners.
$10,894,656 spentof which $4,502,973 as grants$1,382,418 earned by the program89% of program spendingHousing access and stability services is a rapid rehousing program that focuses on connecting survivors to permanent housing as quickly and safely as possible. The goal is to prevent or shorten stays in new york city's homeless shelter systems. Clients receive referrals to units in areas self-identified as safe. They also receive hands-on support to secure the unit including assistance with the leasing and moving process. The program also offers short term rental assistance, financial coaching, supportive services such as childcare, transportation assistance, licensing fees, and referrals for training and mental health needs. The team rounds out services by providing housing training and technical assistance to domestic violence survivors and their advocates.
$1,335,382 spent$88,415 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: $12,230,038.
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 2024 to 2025, from $16M to $22M (+36%).
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 18% · 2018 30% · 2019 8% · 2020 41% · 2021 24% · 2022 65% · 2023 67% · 2024 76% · 2025 56%. Grants only. Government contracts and fees sit inside program revenue.
91% of NEW DESTINY HOUSING CORPORATION’s revenue is contributions — more reliant on donations than three-quarters of its peers (13% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 2 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
Nicole Firment
Chair
As listed on its FY2025 Form 990.
Who funds it, year by year
2017 → 2023: the base broadened from 4 funders to 16 funders, grant income rose $133k → $833k.
11 of 38 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 63% 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 NEW DESTINY HOUSING CORPORATION’s funders (the co-funder graph). Top 30 of 38 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
NEW DESTINY HOUSING CORPORATION leans on a few funders — its largest provides 56% of grant income and the top three 74%; half comes from just 1 funder.
the vertical line marks half of all grant income — 1 funder to its left
71% 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 NEW DESTINY HOUSING CORPORATION.
Largest funder’s share by year: 2017 61% · 2018 74% · 2019 35% · 2020 63% · 2021 24% · 2022 52% · 2023 36% — 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
36% of NEW DESTINY HOUSING CORPORATION's funders are still giving 3 years after their first grant; 61% give in more than one year at all.
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
63% of NEW DESTINY HOUSING CORPORATION's grant income arrives through donor-advised or pass-through sponsors, whose addresses record where the money is held rather than where the donor is. Of the $3.4M that is directly attributable, 65% of it comes from New York funders.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $5.6M arriving through sponsors registered in 9 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.
Against its field
NEW DESTINY HOUSING CORPORATION runs a healthier operating margin than three-quarters of the 449 housing & shelter nonprofits its size.
this organization peer median middle 50% of peers· 449 housing & shelter nonprofits $10M–$100M, FY2025
Government funding NEW DESTINY HOUSING CORPORATION receives
Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $16.2M on record.
- Department of Housing and Urban Development$16.2M
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 NEW DESTINY HOUSING 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
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
82% of spending goes to programs.
Governance
Public support
98%
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 26 related entities
- 1145 Webster Housing Development Fund Corporation · exempt
- 902 Jennings Street Hdfc · exempt
- Bridge Community Hdfc · exempt
- Bryant Avenue Hdfc · exempt
- Citywide Supportive Hdfc · exempt
Screen this organization
A dated, signed PDF of the compliance screen for NEW DESTINY HOUSING 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.
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 NEW DESTINY HOUSING CORPORATION?
- NEW DESTINY HOUSING CORPORATION (New York) receives grants from 38 organizations whose IRS filings report $8,972,123 to it, the largest being The Chicago Community Trust ($5,000,000). 23 of them have funded it in more than one year, and 63% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
- How many funders does NEW DESTINY HOUSING CORPORATION have?
- IRS filings report 38 organizations giving $8,972,123 in grants to NEW DESTINY HOUSING CORPORATION, 23 of which have funded it in more than one year.
- Who is the largest funder of NEW DESTINY HOUSING CORPORATION?
- The Chicago Community Trust is the largest funder on record, with $5,000,000 in grants. The full list of funders is on this page.
- How can an organization like NEW DESTINY HOUSING 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.
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 38 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