Overview

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Est.

2019

Latest Fiscal Year

Not available

Organization Type

Grantseeker

AI Summary

Blankets of Hope Inc is a nonprofit organization focused on providing essential physical and emotional support to the homeless population across the United States. With an operating budget of $263.1K and total revenue of $269K for the 2024 filing year, the organization delivers purple blankets and inspirational handwritten notes to individuals experiencing homelessness, particularly during the winter months. 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 https://blanketsofhope.com/.

Mission Statement

BLANKETS OF HOPE'S MISSION IS TO PROVIDE NEEDED PHYSICAL AND EMOTIONAL SUPPORT TO THE HOMELESS POPULATION. WITH THE HELP OF STUDENTS ACROSS THE COUNTRY AND BEYOND, THE ORGANIZATION DELIVERS PURPLE BLANKETS AND INSPIRATIONAL HANDWRITTEN NOTES TO PEOPLE EXPERIENCING HOMELESSNESS. BLANKETS OF HOPE HELPS FULFILL A BASIC NEED OF SAVING LIVES BY KEEPING PEOPLE WHO LIVE ON THE STREETS WARM DURING THE WINTER MONTHS WHILE ALSO LIFTING THEIR SPIRITS WITH WORDS OF ENCOURAGEMENT.
Revenues
$269K
Expenses
$263.1K
Net Income:
+$6K
Assets
$106.8K
Liabilities
$21.4K
Net Assets:
+$85.4K
Operating Budget
$263.1K
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
4
Median grant size
$12.8K
Largest grant received
$50K
M
Michael Fiorito
Board Member
N
Nicholas Fiorito
Board Member
A
Alexander Coleman
Board Member

Frequently Asked Questions

What is BLANKETS OF HOPE INC’s budget?
In 2024, BLANKETS OF HOPE INC reported an annual operating budget of around $263 thousand. More detailed financial information is available to registered users.
What causes does BLANKETS OF HOPE INC support?
BLANKETS OF HOPE INC supports work in Homeless services.
Where does BLANKETS OF HOPE INC operate?
BLANKETS OF HOPE INC is headquartered in Brooklyn, NY.
Who funded BLANKETS OF HOPE INC recently?
In 2025, BLANKETS OF HOPE INC received grants from COMMUNITY BANK NA FOUNDATION OF NEW ENGLAND INC, NOBLELIGHT FOUNDATION, and Silicon Valley Community Foundation. More information on this organization’s funders is available to registered users.
What is the largest grant BLANKETS OF HOPE INC received in 2024?
The largest grant to BLANKETS OF HOPE INC in 2024 exceeds $50 thousand.