Logo for "The New York Community Trust"

The New York Community Trust

The New York Community Trust

New York, NY, US
501(c)(3)
EIN
13-3062214
DAF Sponsor
Community Foundation
Regional Funder
Logo for "The New York Community Trust"

The New York Community Trust

New York, NY, US
501(c)(3)
EIN
13-3062214
DAF Sponsor
Community Foundation
Regional Funder

Income Statement

Fiscal Year Start:
Jan 1
Revenues in 2024

$322,622,907

Other
38%
Contributions
35%
Investments
28%
Government Grants
<1%
Fundraising Events
0%
Program Services
0%
Membership Dues
0%
Expenses in 2024

$252,254,704

Grants
80%
Fees to Service Providers
10%
Salaries & Benefits
6%
Offices, Occupancy & IT
2%
Advertising & Promotion
1%
Other
<1%
Depreciation
<1%
Benefits to Members
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$123,094,363
$111,401,682
-9%
Government Grants
$48,000
$48,000
+0%
Fundraising Events
$0
$0
-
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$82,774,317
$90,043,913
+9%
Other
$76,556,607
$121,129,312
+58%
Total Revenues
$282,473,287
$322,622,907
+14%
Expenses
2023
2024
Change
Grants
$193,074,024
$201,499,581
+4%
Benefits to Members
$0
$0
-
Salaries & Benefits
$13,894,973
$15,835,415
+14%
Fees to Service Providers
$24,748,644
$26,224,720
+6%
Advertising & Promotion
$1,821,066
$3,028,979
+66%
Offices, Occupancy & IT
$4,017,187
$4,813,040
+20%
Interest
$0
$0
-
Depreciation
$116,015
$123,448
+6%
Other
$726,615
$729,521
+0%
Total Expenses
$238,398,524
$252,254,704
+6%
Net income
2023
2024
Change
Net income
+$44,074,763
+$70,368,203
+60%
Functional Expenses
Summary
2023
2024
Change
Program
$202,914,438
$212,586,744
+5%
Admin
$31,597,614
$34,964,837
+11%
Fundraising
$3,886,472
$4,703,123
+21%
Total Expenses
$238,398,524
$252,254,704
+6%
Income Statement
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