PHIPPS HOUSES 990 Health Check

Donor quick answer

What to know before you donate

PHIPPS HOUSES has a public Form 990 profile, but an AlignMint donation portal is not live yet. Review the public filing signals and share the claim link with the nonprofit if the profile should be activated.

Program ratio

Not enough public data

Fundraising ratio

Admin ratio

Not enough public data

Program ratio estimates the share of reported expenses used for programs. Fundraising ratio estimates fundraising expense share. Admin ratio estimates management and general expense share when the public fields reconcile.

View previous 990s on ProPublica

Public filing snapshot

Ratios use reported functional expenses when available and are only derived when the public fields reconcile with total expenses.

Total revenue$110,928,466

Contributions and grants$25,294,386

Program service revenue$41,286,080

Other revenue$10,131,285

Total expenses$18,959,721

Grants paid$217,113

Salaries and compensation$8,053,826

Program ratioNot reported

Fundraising ratio0%

Admin ratioNot reported

Total assets$994,102,835

Net assets$972,139,840

Total liabilities$21,962,995

Filing history

Recent prepared public snapshots appear here as the directory rollup processes more 990 filings. Use the ProPublica link for the full public filing archive when a prior year is not shown yet.

990 2024

Revenue: $110,928,466
Expenses: $18,959,721
Program ratio: Not reported

Donor review checklist

Confirm the filing is recent

Latest public tax year: 2024. Ask for newer financials if the organization has not filed a recent 990 yet.

Read the mission and program work

Compare the mission narrative with the program-service rows and the nonprofit's current website.

Review the spending mix

Program ratio: Not enough public data. Fundraising ratio: 0%. Admin ratio: Not enough public data.

Check the giving path

This profile is public research only until the nonprofit claims it and connects payment integrations.

Mission and programs

PHIPPS HOUSES WAS FOUNDED BY HENRY PHIPPS IN 1905 TO PROVIDE AFFORDABLE AND WELL-DESIGNED HOUSING FOR WORKING CLASS NEW YORKERS. PHIPPS HOUSES, A NOT-FOR-PROFIT CORPORATION, IS NEW YORK CITY'S OLDEST AND LARGEST NOT-FOR-PROFIT DEVELOPER, SPONSOR (CONT. ON SCHEDULE O) AND OWNER OF HOUSING FOR LOW AND MODERATE-INCOME FAMILIES. THE MISSION OF PHIPPS HOUSES IS THE CREATION OF ENDURING COMMUNITIES FOR SUCH FAMILIES, THROUGH HOUSING DEVELOPMENT, RELATED PROPERTY MANAGEMENT AND SOCIAL SERVICES.