New York · Nonprofit
PROJECT RENEWAL INC
PROJECT RENEWAL INC (New York) receives grants from 132 organizations whose IRS filings report $14,234,725 to it, the largest being ROBIN HOOD FOUNDATION ($2,066,500). 73 of them have funded it in more than one year.
- Revenue FY2025
- $126M
- Funders on record
- 132
- Grants received
- $14M
- Net assets
- $8.0M
What Project Renewal Inc does
Mission
Project renewal's mission is to end the cycle of homelessness by empowering men, women, and children to renew their lives with health, homes, and jobs.
As stated on its FY2025 Form 990.
Programs
Shelter services: project renewal, inc. Operates seven shelters with on-site treatment and rehabilitation services, most of which serve homeless individuals with serious mental illness and/or substance use disorders. Shelters are staffed with case managers, psychiatrists, occupational therapists, housing specialists, recreational specialists, and other supportive service workers who help clients move out of shelter and into housing. In fy25, the agency provided shelter services to over 2,600 new yorkers including single adults, seniors, veterans, and lgbtq+ young adults.
$79,146,059 spent$7,667,786 earned by the program72% of program spendingTransitional and permanent housing: project renewal, inc. Operates supportive and affordable housing for our homeless and at-risk target population, including transitional, permanent, scatter-site, and congregate programs. All sites offer a spectrum of wraparound supportive services to meet the unique needs of our residents, including on-site case management, occupational therapy, psychiatry, and primary care, as well as connections to in-house substance use treatment and employment programming. In fy25 more than 1,200 individuals lived in project renewal housing.
$10,944,869 spent$601,029 earned by the program10% of program spendingEmployment services and outreach: project renewal, inc. Provides job training, placement, and retention services to adults with major barriers to employment, including homelessness, mental illness, and histories of substance use and justice involvement. The agency also operates a social enterprise catering company, city beet kitchens, that hires graduates of our training programs and feeds other new yorkers in need. In fy25, more than 300 individuals received employment services from project renewal.
$10,577,018 spent$9,221,699 earned by the program10% of program spendingHealth care: project renewal, inc. Is a federally qualified health center operating five shelter-based primary care clinics, as well as a three-vehicle fleet of mobile health clinics. These clinics provide medical services to homeless and at-risk individuals, and connect many of them to our mental health and substance use treatment programs. The latter includes both inpatient and outpatient treatment initiatives, as well as peer-led services. Our team of psychiatrists and occupational therapists compliments all health care work and are integrated into all project renewal programming. In fy25 the organization provided health care to over 6,200 individuals.
$9,827,191 spent$412,782 earned by the program9% of program spending
The 4 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $110,495,137.
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 2022 to 2023, from $69M to $94M (+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 72% · 2018 76% · 2019 75% · 2020 79% · 2021 82% · 2022 83% · 2023 83% · 2024 79% · 2025 79%. Grants only. Government contracts and fees sit inside program revenue.
85% of PROJECT RENEWAL INC’s revenue is contributions — more reliant on donations than three-quarters of its peers (1% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 5 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.
Chief executive
Eric Rosenbaum
President & CEO
Board chair
Marlene Zurack
Chair
As listed on its FY2025 Form 990.
Who funds it, year by year
2017 → 2023: the base broadened from 25 funders to 54 funders, grant income rose $766k → $1.5M.
18 of 132 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 22% 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 PROJECT RENEWAL INC’s funders (the co-funder graph). Top 30 of 132 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
PROJECT RENEWAL INC has a broad base — no single funder exceeds 15% of grant income, and it takes 6 funders to reach half.
the vertical line marks half of all grant income — 6 funders to its left
48% 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 PROJECT RENEWAL INC.
Largest funder’s share by year: 2017 37% · 2018 30% · 2019 43% · 2020 23% · 2021 19% · 2022 23% · 2023 13% — 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
39% of PROJECT RENEWAL INC's funders are still giving 3 years after their first grant; 55% 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
56% of PROJECT RENEWAL 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. $3.2M arriving through sponsors registered in 12 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
PROJECT RENEWAL INC is better cushioned than half of the 1,256 health nonprofits its size.
this organization peer median middle 50% of peers· 1,256 health nonprofits over $100M, FY2025
Government funding PROJECT RENEWAL INC receives
Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $88.8M on record.
- Department of Health and Human Services$52.7M
- Department of Housing and Urban Development$36.0M
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 PROJECT RENEWAL 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
87% of spending goes to programs.
Governance
Public support
99%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Files a return copy in 3 states
Part of a family of 29 related entities
- 141 Nicholas Housing Development Fund Corp · exempt
- 2880 Jerome Ave Hdfc · exempt
- Bronx Boulevard Hdfc · exempt
- Holland Hotel Housing Development Fund Corp · exempt
- Manhattan Bowery Management Corporation · exempt
Screen this organization
A dated, signed PDF of the compliance screen for PROJECT RENEWAL 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 PROJECT RENEWAL INC?
- PROJECT RENEWAL INC (New York) receives grants from 132 organizations whose IRS filings report $14,234,725 to it, the largest being ROBIN HOOD FOUNDATION ($2,066,500). 73 of them have funded it in more than one year.
- How many funders does PROJECT RENEWAL INC have?
- IRS filings report 132 organizations giving $14,234,725 in grants to PROJECT RENEWAL INC, 73 of which have funded it in more than one year.
- Who is the largest funder of PROJECT RENEWAL INC?
- ROBIN HOOD FOUNDATION is the largest funder on record, with $2,066,500 in grants. The full list of funders is on this page.
- How can an organization like PROJECT RENEWAL 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 Project Renewal →
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 132 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 22, 2026. What this page cannot tell you · view filing