Overview

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Est.

1972

Fiscal Year Start

Jul 1

Organization Type

Grantseeker

AI Summary

Phipps Neighborhoods Inc is a nonprofit organization dedicated to providing educational and social services to low-income individuals, primarily in communities where Phipps Houses owns or sponsors developments. With an operating budget of $18.4 million and total revenue of $21 million for the 2024 filing year, the organization relies on multiple funders, none of whom contribute 50% or more of its revenue. More information can be found on their website at www.phippsny.org.

Mission Statement

TO PROVIDE EDUCATIONAL & SOCIAL SERVICES TO LOW-INCOME INDIVIDUALS, TYPICALLY IN COMMUNITIES IN WHICH PHIPPS HOUSES OWNS AND/OR SPONSORS DEVELOPMENTS. (CONTINUED ON SCHEDULE O)
Revenues
$21M
Expenses
$18.4M
Net Income:
+$2.5M
Assets
$20.9M
Liabilities
$5.8M
Net Assets:
+$15.1M
Operating Budget
$18.4M
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
20
Median grant size
$23.3K
Largest grant received
$507K
A
Adam Weinstein
Board Member
J
James Robert Pigott Jr
Board Member
L
Lukeman Ogunyinka
Board Member

Frequently Asked Questions

What is PHIPPS NEIGHBORHOODS INC’s budget?
In 2024, PHIPPS NEIGHBORHOODS INC reported an annual operating budget of around $18.4 million. More detailed financial information is available to registered users.
What causes does PHIPPS NEIGHBORHOODS INC support?
PHIPPS NEIGHBORHOODS INC supports work in Community improvement.
Where does PHIPPS NEIGHBORHOODS INC operate?
PHIPPS NEIGHBORHOODS INC is headquartered in New York, NY.
Who funded PHIPPS NEIGHBORHOODS INC recently?
In 2025, PHIPPS NEIGHBORHOODS INC received grants from CHARINA FOUNDATION INC RICHARD MENSCHEL, ANNA-MARIA AND STEPHEN KELLEN FOUNDATION INC C/O JOEL E SAMMET & CO LLP, and FIDELITY INVESTMENTS CHARITABLE GIFT FUND. More information on this organization’s funders is available to registered users.
What is the largest grant PHIPPS NEIGHBORHOODS INC received in 2024?
The largest grant to PHIPPS NEIGHBORHOODS INC in 2024 exceeds $507 thousand.
What is PHIPPS NEIGHBORHOODS INC’s reliance on government grants?
PHIPPS NEIGHBORHOODS INC relied on government grants for more than 70% of their total revenue in 2024.