Overview

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Est.

1967

Latest Fiscal Year

Not available

Organization Type

Grantseeker

AI Summary

PROJECT RENEWAL INC is a nonprofit organization focusing on mental health care and residential mental health care in New York City. Its mission is to provide accessible facilities that offer medical, employment, housing, and community outreach services to homeless and formerly homeless individuals suffering from mental illness, alcoholism, and substance abuse. With an operating budget of $122.9 million and total revenue of $121.7 million, the organization receives significant support from top funders including FIDELITY INVESTMENTS CHARITABLE GIFT FUND, DONOR ADVISED CHARITABLE GIVING INC, and NATIONAL PHILANTHROPIC TRUST, none of which provide more than 50% of its revenue.

Mission Statement

THE ORGANIZATION OPERATES ACCESSIBLE FACILITES IN NEW YORK CITY THAT OFFER MEDICAL, EMPLOYMENT, HOUSING, AND COMMUNITY OUTREACH SERVICES TO HOMELESS AND FORMERLY HOMELESS PEOPLE SUFFERING FROM MENTAL ILLNESS, ALCOHOLISM, AND SUBSTANCE ABUSE.
Revenues
$121.7M
Expenses
$122.9M
Net Income:
-$1.1M
Assets
$96.9M
Liabilities
$87.5M
Net Assets:
+$9.4M
Operating Budget
$122.9M
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
57
Median grant size
$10K
Largest grant received
$518K
E
Eric Rosenbaum
Board Member
S
Steven Jones
Board Member
C
Carl Rosoff
Board Member

Frequently Asked Questions

What is PROJECT RENEWAL INC’s budget?
In 2024, PROJECT RENEWAL INC reported an annual operating budget of around $122.9 million. More detailed financial information is available to registered users.
What causes does PROJECT RENEWAL INC support?
PROJECT RENEWAL INC supports work in Residential mental health care and Mental health care.
Where does PROJECT RENEWAL INC operate?
PROJECT RENEWAL INC is headquartered in NEW YORK, NY.
Who funded PROJECT RENEWAL INC recently?
In 2025, PROJECT RENEWAL INC received grants from ANNA-MARIA AND STEPHEN KELLEN FOUNDATION INC C/O JOEL E SAMMET & CO LLP, THE IRA DECAMP FOUNDATION XXXXX2009, and CHARITIES AID FOUNDATION AMERICA. More information on this organization’s funders is available to registered users.
What is the largest grant PROJECT RENEWAL INC received in 2024?
The largest grant to PROJECT RENEWAL INC in 2024 exceeds $518 thousand.
What is PROJECT RENEWAL INC’s reliance on government grants?
PROJECT RENEWAL INC relied on government grants for more than 75% of their total revenue in 2024.