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New York · Nonprofit

THE FORTUNE SOCIETY INC

THE FORTUNE SOCIETY INC (New York) receives grants from 185 organizations whose IRS filings report $39,025,757 to it, the largest being FIDELITY INVESTMENTS CHARITABLE GIFT FUND ($11,056,022). 111 of them have funded it in more than one year.

Revenue FY2025
$82M
Funders on record
185
Grants received
$39M
Net assets
$27M
111/185 repeat funderspeak grant-dependency 25%
01What it does

What The Fortune Society Inc does

Mission

The fortune society's (fortune) mission is to support successful reentry from incarceration and promote alternatives to incarceration, thus strengthening the fabric of our communities. We do this by believing in the power of people to change, building programs shaped

As stated on its FY2025 Form 990.

Programs

  1. Our housing programs empower homeless, formerly incarcerated individuals and their families with the opportunity to build better futures through stable and affordable housing. By providing low-threshold access to supportive emergency and transitional housing at the fortune academy ("the castle"), and our (at present) three freedom houses, supportive permanent housing at castle gardens and mandaela community and through our scatter-site housing program, we meet both the immediate and long-term needs of our clients. Participating clients can take the first steps on their journey towards becoming positive, self-sufficient members of society with the full support of fortune's reentry services. In fy2025, we served 242 scattered-site clients, 159 clients at the fortune academy, 52 active supportive housing clients at castle gardens, 63 clients at mandaela community and 1,456 clients at the freedom houses. Many clients leaving our transitional housing went on to successful permanent housing in the community, with some also continuing to engage in the array of support services offered.

    $25,751,215 spent$2,439,518 earned by the program
    36% of program spending
  2. Our ati program, freedom reduces the prison and jail populations, save taxpayers millions of dollars, and each year help hundreds of men and women learn how to lead crime-free, productive lives. Clients participating in our ati program receive individual case management and group counseling, utilizing evidence-based curriculum, as well as access to fortune's wrap-around services. Those who complete their program successfully receive sentences that require no further incarceration, including probation and community service. In fy2025, we served 314 participants in our ati program and successfully graduated 82% of clients eligible for completion. Additionally, our ati enhancement program provides enhanced services to those receiving ati services through our freedom program. Services can be provided through fortune or by way of referrals to external providers. All services are provided to meet identified needs to help individuals with criminal legal involvement establish stability, reunite with their families, achieve greater self-sufficiency, and reintegrate fully into the community. In fy25, we served 5988. Lastly, our parole services program (psp) serves individuals on parole and…

    $22,879,558 spent
    32% of program spending
  3. Fortune has offered mental health services since july 2011 through the better living center (blc), our office of mental health (omh) mental health outpatient treatment and rehabilitative services (mhotrs) center. The blc works to facilitate a seamless transition for individuals with mental health issues who also have histories of incarceration by providing the supportive environment, treatment, and therapy they need to manage their mental illness, while also making progress towards achieving their other life goals. In fy2025, we served 308 clients through the blc's mental health services. Our nys office of addiction services and supports (oasas)-licensed outpatient substance use treatment services program empowers clients to address and overcome substance use issues. Our outpatient treatment program supports clients' efforts to achieve recovery from the life-long chronic illness of substance use and as part of their larger transition to a pro-social, self-directed life in our communities. We provide client-centered treatment that is geared towards the overall improvement of each client's mental, emotional, and physical well-being. All participants receive a full assessment and…

    $5,079,236 spent
    7% of program spending
  4. Transitional services: the transitional services program provides discharge planning services to eligible individuals during their incarceration on rikers island and then continuing reentry support following their release. In fy2025, 367 people enrolled in the program after their release from rikers. Benefit access: the benefit access program is an integral part of fortune's admissions and intake process. All individuals who enroll in fortune are offered to meet with an entitlement specialist to assess individuals for needed services and assistance with connection to those services. We help participants navigate the application process so they can secure critical benefits such as snap (food stamps) and medicaid and stabilize themselves financially. In addition, the program connects clients with expert advice to help with a wide range of issues, such as child support, evictions, accessing and correcting rap sheets, legal services, financial services, credit assistance, and much more. In fy2025, we screened 5,818 individuals in our benefit access program, assisting them in obtaining cash and non-cash public benefits. Notable accomplishments in fy2025 included 854 snap benefit…

    $17,308,788 spent
    24% of program spending

The 4 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $71,018,797.

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 ($31M) Expenses 100 ($30M) Net assets 100 ($5.9M)2018 Revenue 111 ($35M) Expenses 113 ($34M) Net assets 103 ($6.1M)2019 Revenue 111 ($35M) Expenses 113 ($34M) Net assets 105 ($6.2M)2020 Revenue 128 ($40M) Expenses 128 ($39M) Net assets 120 ($7.1M)2021 Revenue 132 ($41M) Expenses 128 ($39M) Net assets 157 ($9.3M)2022 Revenue 190 ($59M) Expenses 147 ($45M) Net assets 401 ($24M)2023 Revenue 208 ($65M) Expenses 205 ($62M) Net assets 443 ($26M)2024 Revenue 241 ($75M) Expenses 244 ($74M) Net assets 457 ($27M)2025 Revenue 262 ($82M) Expenses 270 ($82M) Net assets 450 ($27M)
'17'18'19'20'21'22'23'24'25
Revenue (262)Expenses (270)Net assets (450)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 2024 to 2025, from $67M to $105M (+58%).

$12M
$15M
$15M
$17M
$20M
$34M
$63M
$67M
$105M
'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 76% · 2018 74% · 2019 72% · 2020 75% · 2021 72% · 2022 61% · 2023 85% · 2024 86% · 2025 91%. Grants only. Government contracts and fees sit inside program revenue.

97% of THE FORTUNE SOCIETY INC’s revenue is contributions — more reliant on donations than three-quarters of its peers (7% for the typical peer).

This organization
Typical peer · 4,745 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.

$722k
’17
$283k
’18
$137k
’19
$882k
’20
$2.2M
’21
$14M
’22
$2.5M
’23
$879k
’24
−$453k
’25
0.6
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

Robert Deleon

Interim president & CEO

Board chair

Ldennis Kozlowski

Chairperson

As listed on its FY2025 Form 990.

The chief executive listed changed between the FY2024 and FY2025 filings.

'17'18'19'20'21'22'23'24'25
Listed394647434240424143
Joined·+8+4+4+4+1+6+4+3
No longer listed·13853451
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 45 funders to 66 funders, grant income rose $1.7M → $4.3M.

21 of 185 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 37% 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 THE FORTUNE SOCIETY INC’s funders (the co-funder graph). Top 30 of 185 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

THE FORTUNE SOCIETY INC has a broad base — no single funder exceeds 28% of grant income, and it takes 4 funders to reach half.

the vertical line marks half of all grant income — 4 funders to its left

67% 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 THE FORTUNE SOCIETY INC.

28%
largest funder
46%
top three
~9
effective funders

Largest funder’s share by year: 2017 24% · 2018 19% · 2019 20% · 2020 39% · 2021 17% · 2022 67% · 2023 17% — 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

45% of THE FORTUNE SOCIETY INC's funders are still giving 3 years after their first grant; 60% give in more than one year at all.

first grant+1y+2y+3y+4y+5y+6y

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

82% of THE FORTUNE SOCIETY INC's grant income comes from New York funders.

WA
MN
IL
NY
MA
IN
PA
NJ
CT
RI
CA
CO
MO
VA
MD
DE
NC
DC
TX
FL

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

’17
’18
’19
’20
’21
’22
’23
New York out of state home

Funder states come from each funder’s own filing. $14M arriving through sponsors registered in 13 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

THE FORTUNE SOCIETY INC has grown faster than three-quarters of the 2,969 health nonprofits its size.

Operating margin−1% · below the median
Months of reserve0.6mo · below the median
Revenue growth (annualized)13% · top quartile

this organization peer median middle 50% of peers· 2,969 health nonprofits $10M–$100M, FY2025

Government funding THE FORTUNE SOCIETY INC receives

Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $31.4M on record.

Federal$31.4M
grants $31.4Mcontracts $0
17
18
19
20
21
22
23
24
25
26
Top agencies
  • Department of Housing and Urban Development$15.7M
  • Department of Health and Human Services$10.3M
  • Department of Labor$4.0M
  • Environmental Protection Agency$900k
  • Department of Agriculture$498k

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 THE FORTUNE SOCIETY 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

86% of spending goes to programs.

Program 86%Management 12%Fundraising 2%

Governance

28
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

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 1 state

NY

Part of a family of 13 related entities

  • Fortune Housing Develop Fund Corp (Hdfc) · exempt
  • Fortune W 140th St Housing Development Fund (Whdfc) · exempt
  • 107-111 East 123rd St Housing Development Fund Corp · exempt
  • Castle IV Housing Development Fund Corp · exempt
  • Fortune LP · partnership

Screen this organization

A dated, signed PDF of the compliance screen for THE FORTUNE SOCIETY 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.

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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 THE FORTUNE SOCIETY INC?
THE FORTUNE SOCIETY INC (New York) receives grants from 185 organizations whose IRS filings report $39,025,757 to it, the largest being FIDELITY INVESTMENTS CHARITABLE GIFT FUND ($11,056,022). 111 of them have funded it in more than one year.
How many funders does THE FORTUNE SOCIETY INC have?
IRS filings report 185 organizations giving $39,025,757 in grants to THE FORTUNE SOCIETY INC, 111 of which have funded it in more than one year.
Who is the largest funder of THE FORTUNE SOCIETY INC?
FIDELITY INVESTMENTS CHARITABLE GIFT FUND is the largest funder on record, with $11,056,022 in grants. The full list of funders is on this page.
How can an organization like THE FORTUNE SOCIETY 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 Fortune Society →

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 185 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