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New York · Nonprofit

WOMEN'S HOUSING & ECONOMIC DEVELOPMENT CORPORATION

WOMEN'S HOUSING & ECONOMIC DEVELOPMENT CORPORATION (New York) receives grants from 67 organizations whose IRS filings report $18,034,616 to it, the largest being THE ANDREW W MELLON FOUNDATION ($2,500,000). 39 of them have funded it in more than one year.

Revenue FY2025
$35M
Funders on record
67
Grants received
$18M
Net assets
$51M
39/67 repeat funderspeak grant-dependency 16%
01What it does

What Women's Housing & Economic Development Corporation does

Mission

The women's housing and economic development corp. (whedco) is a community development organization founded on the radically simple idea that all people deserve to live in healthy, vibrant communities. Working in the south bronx, whedco builds award-winning, sustainable, affordable homes that serve as anchors for strong communities of which residents can be proud. Whedco's mission is to create and bridge access in the bronx to resources that support thriving neighborhoods - from stable, affordable housing to high-quality early childhood and school-age youth education programs, comprehensive family and community services, business and entrepreneur assistance, and cultural programming.

As stated on its FY2025 Form 990.

Programs

  1. Programs relating to the provision of home-based child care for low-income residents of new york city:whedco supports a professional network of 300 licensed home-based childcare businesses and works with thousands of informal friend-family-neighbor care providers to increase access to high quality affordable childcare across the bronx and nyc. Whedco supports childcare providers through comprehensive professional development training, coaching, technical assistance, program visits, access to the child and adult care food program, mental health services, implementation of research-based curricula and assessment tools to support the development and early learning of children in care.

    $15,410,756 spent
    58% of program spending
  2. After-school, extended day, summer camp, and teen college access programs for low-income youth:whedco operates after school, extended day, summer camp, and teen programs serving more than 1,200 bronx students in kindergarten through 12th grade. Whedco offers ela, stem, arts, sports, chess, social justice, youth leadership, peer education, internships and other work experience, tutoring, test prep, and support to access high performing high schools and college.

    $3,888,585 spent$115,502 earned by the program
    15% of program spending
  3. Head start preschool for low-income 3 and 4 year olds:whedco operates a year-round head start preschool serving 103 children and their families, and promoting early childhood development and early learning. Whedco also offers a family literacy program to head start parents.

    $2,691,179 spent
    10% of program spending
  4. Other programs relating to family support, counseling, emergency food pantry, community engagement, neighborhood revitalization, affordable housing development, performing arts and arts education through the bronx music heritage center and bronx music hall, small business development, food business incubation, and program research & evaluation, with an emphasis on low-income women and their families.

    $4,521,483 spent$682,747 earned by the program
    17% of program spending

The 4 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $26,512,003.

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 ($23M) Expenses 100 ($21M) Net assets 100 ($13M)2018 Revenue 100 ($23M) Expenses 98 ($21M) Net assets 117 ($15M)2020 Revenue 93 ($21M) Expenses 98 ($21M) Net assets 131 ($16M)2021 Revenue 123 ($28M) Expenses 91 ($19M) Net assets 199 ($25M)2022 Revenue 157 ($36M) Expenses 106 ($22M) Net assets 304 ($38M)2023 Revenue 151 ($34M) Expenses 132 ($28M) Net assets 354 ($44M)2024 Revenue 157 ($36M) Expenses 143 ($30M) Net assets 396 ($50M)2025 Revenue 154 ($35M) Expenses 156 ($33M) Net assets 410 ($51M)
'17'18'20'21'22'23'24'25
Revenue (154)Expenses (156)Net assets (410)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 $42M to $60M (+43%).

$17M
$18M
$24M
$30M
$42M
$60M
$64M
$67M
'17'18'20'21'22'23'24'25
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
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2017 79% · 2018 80% · 2020 88% · 2021 68% · 2022 74% · 2023 87% · 2024 83% · 2025 85%. Grants only. Government contracts and fees sit inside program revenue.

95% of WOMEN'S HOUSING & ECONOMIC DEVELOPMENT CORPORATION’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. 0 of the last 8 reported years ran a deficit.

$1.5M
’17
$2.0M
’18
$452k
’20
$8.5M
’21
$13M
’22
$6.3M
’23
$5.4M
’24
$1.9M
’25
8.0
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

Davon Russell

President and CEO

As listed on its FY2025 Form 990.

'17'18'20'21'22'23'24'25
Listed1820212121242325
Joined·+3·+1+1+4+5+5
No longer listed·1·11163
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 8 funders to 26 funders, grant income rose $1.5M → $1.8M.

16 of 67 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 15% 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 WOMEN'S HOUSING & ECONOMIC DEVELOPMENT CORPORATION’s funders (the co-funder graph). Top 30 of 67 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

WOMEN'S HOUSING & ECONOMIC DEVELOPMENT CORPORATION has a broad base — no single funder exceeds 14% of grant income, and it takes 5 funders to reach half.

the vertical line marks half of all grant income — 5 funders to its left

53% 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 WOMEN'S HOUSING & ECONOMIC DEVELOPMENT CORPORATION.

14%
largest funder
35%
top three
~14
effective funders

Largest funder’s share by year: 2017 69% · 2018 43% · 2019 25% · 2020 29% · 2021 47% · 2022 34% · 2023 27% — 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

46% of WOMEN'S HOUSING & ECONOMIC DEVELOPMENT CORPORATION's funders are still giving 3 years after their first grant; 58% 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

85% of WOMEN'S HOUSING & ECONOMIC DEVELOPMENT CORPORATION's grant income comes from New York funders.

VT
WA
IL
MI
NY
NJ
CO
VA
MD
DE
DC

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. $2.7M arriving through sponsors registered in 11 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

WOMEN'S HOUSING & ECONOMIC DEVELOPMENT CORPORATION holds deeper cash reserves than three-quarters of the 449 housing & shelter nonprofits its size.

Operating margin6% · below the median
Months of reserve8.0mo · top quartile
Revenue growth (annualized)6% · below the median

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

Government funding WOMEN'S HOUSING & ECONOMIC DEVELOPMENT CORPORATION receives

Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $8.6M on record.

Federal$8.6M
grants $8.6Mcontracts $0
18
19
20
22
24
25
26
Top agencies
  • Department of Health and Human Services$8.6M
  • National Endowment for the Arts$63k

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 WOMEN'S HOUSING & ECONOMIC 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

80% of spending goes to programs.

Program 80%Management 16%Fundraising 4%

Governance

14
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 7 related entities

  • Whedco Bronx Commons LLC · disregarded
  • Urban Horizons II Housing Development Fund Corporation · exempt
  • Urban Horizons Housing Development Fund Corporation · exempt
  • Urban Horizons II LP · partnership
  • Bronx Commons Retail LLC · partnership

Screen this organization

A dated, signed PDF of the compliance screen for WOMEN'S HOUSING & ECONOMIC 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.

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 WOMEN'S HOUSING & ECONOMIC DEVELOPMENT CORPORATION?
WOMEN'S HOUSING & ECONOMIC DEVELOPMENT CORPORATION (New York) receives grants from 67 organizations whose IRS filings report $18,034,616 to it, the largest being THE ANDREW W MELLON FOUNDATION ($2,500,000). 39 of them have funded it in more than one year.
How many funders does WOMEN'S HOUSING & ECONOMIC DEVELOPMENT CORPORATION have?
IRS filings report 67 organizations giving $18,034,616 in grants to WOMEN'S HOUSING & ECONOMIC DEVELOPMENT CORPORATION, 39 of which have funded it in more than one year.
Who is the largest funder of WOMEN'S HOUSING & ECONOMIC DEVELOPMENT CORPORATION?
THE ANDREW W MELLON FOUNDATION is the largest funder on record, with $2,500,000 in grants. The full list of funders is on this page.
How can an organization like WOMEN'S HOUSING & ECONOMIC 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 Women's Housing & Economic Development →

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 67 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