Overview

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Est.

1905

Fiscal Year Start

Jan 1

Organization Type

Grantseeker

AI Summary

Phipps Houses is a nonprofit organization dedicated to providing, promoting, and developing affordable housing for low and moderate-income residents. With an operating budget of $18.7 million and total revenue of $110.9 million for the 2024 filing year, Phipps Houses is a significant player in housing development. The organization does not rely on a single funder for 50% or more of its revenue, ensuring a diverse funding base to support its mission. More information can be found on their website at www.phippsny.org.

Mission Statement

TO PROVIDE, PROMOTE AND DEVELOP AFFORDABLE HOUSING FOR LOW AND MODERATE INCOME RESIDENTS.
Revenues
$110.9M
Expenses
$19M
Net Income:
+$92M
Assets
$994.1M
Liabilities
$22M
Net Assets:
+$972.1M
Operating Budget
$18.7M
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
7
Median grant size
$421.4K
Largest grant received
$7.9M
A
Adam Weinstein
Board Member
C
Cathy Pennington
Board Member
D
DR Oxiris Barbot
Board Member

Frequently Asked Questions

What is PHIPPS HOUSES’s budget?
In 2024, PHIPPS HOUSES reported an annual operating budget of around $18.7 million. More detailed financial information is available to registered users.
What causes does PHIPPS HOUSES support?
PHIPPS HOUSES supports work in Housing development.
Where does PHIPPS HOUSES operate?
PHIPPS HOUSES is headquartered in New York, NY.
Who funded PHIPPS HOUSES recently?
In 2025, PHIPPS HOUSES received grants from HENRY PHIPPS PLAZA SOUTH HDFC, HENRY PHIPPS PLAZA SOUTH HDFC, and KB25 HOUSING DEVELOPMENT FUND CORPORATION. More information on this organization’s funders is available to registered users.
What is the largest grant PHIPPS HOUSES received in 2024?
The largest grant to PHIPPS HOUSES in 2024 exceeds $7.9 million.