Skip to the page content
Your donations
Passes our checks

Phipps Neighborhoods Inc

EIN 13-2707665 · New York, NY

Public records show a registered, tax-exempt organization in good standing.

LegitimacyPassesRegistration and standingFinancial healthFair59 out of 100GovernanceGood70 out of 100Impact evidenceDescribes programsHow well its results are evidenced

What it says it does

TO PROVIDE EDUCATIONAL AND SOCIAL SERVICES TO INDIVIDUALS AND FAMILIES, OFTEN IN COMMUNITIES IN WHICH PHIPPS HOUSES OWNS AND/OR SPONSORS HOUSING DEVELOPMENTS. PHIPPS NEIGHBORHOODS PROVIDES A BROAD RANGE OF PROGRAMS, WHICH INCLUDE EDUCATION, RECREATION, CHILD CARE, YOUTH SERVICES, WORKFORCE DEVELOPMENT, RESIDENT SERVICES AND SUPPORTIVE HOUSING.

Income
$19.1 million
Spending
$21.0 million
Spent on programs
87%
Reserves
3.7 months of spending
Largest source of income
government grants, 83%
Employees
487
Volunteers
13
Highest pay
$1.0 million, chairperson

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Financial health

Fair: 59 out of 100.

  • Reserves

    20 of 35

    Spendable reserves would cover 3.7 months of spending.

  • Debt

    10 of 20

    It owes 39% of what it owns.

  • Living within its means

    4 of 15

    Spending exceeded income by 10% of income.

  • Income trend

    10 of 15

    Income fell 9% on the year before.

  • Spending floor

    15 of 15

    87% of spending went to programs and raising each dollar of donations cost 0 cents.

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Governance

Good: 70 out of 100.

  • Independent board

    25 of 25

    13 of 14 voting board members are independent.

  • Conflict of interest policy

    15 of 15

    Has a written conflict of interest policy.

  • Whistleblower policy

    8 of 8

    Has a written whistleblower policy.

  • Record keeping policy

    7 of 7

    Has a written policy on keeping and destroying records.

  • Board minutes

    5 of 5

    Keeps minutes of board meetings.

  • Board sees the tax return

    0 of 10

    Did not give the board a copy of this return before filing it.

  • Pay set independently

    0 of 5

    Reports no independent review process for its chief executive's pay.

  • Independent check of accounts

    0 of 15

    Its accounts were not audited or reviewed by an independent accountant.

  • No reported misuse

    10 of 10

    Reports no diversion of assets, excess benefits or loans to insiders.

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Impact evidence

Describes programs. Its tax return describes what it does but we have found no measurable results in it.

Programs described in its return (4)
  1. $8.5 million spent. YOUTH PROGRAMS - CONSISTS OF AFTER-SCHOOL EDUCATIONAL AND RECREATIONAL PROGRAMS BEACON SITES, AND SUMMER CAMP PROGRAMS.A) AFTER-SCHOOL PROGRAMS - (PRIMARILY FUNDED BY THE NEW YORK CITY DEPARTMENT OF YOUTH AND COMMUNITY DEVELOPMENT ("DYCD") AND THE NEW YORK STATE EDUCATION DEPARTMENT. THEY INCLUDE EIGHT SCHOOL-BASED PROGRAMS ANDAND FIVE COMMUNITY SCHOOL PROGRAMS PROVIDING STRUCTURED EDUCATIONAL, RECREATIONAL, AND CULTURAL ENRICHMENT ACTIVITIES TO ELEMENTARY, MIDDLE AND HIGH SCHOOL STUDENTS.B) BEACON/CORNERSTONE PROGRAMS - (FUNDED BY DYCD) ARE A MULTI-SERVICE HUBS, LOCATED IN SCHOOLS OR NEW YORK CITY HOUSING AUTHORITY DEVELOPMENTS, PROVIDING A VARIETY OF AFTERSCHOOL, WEEKEND, AND SUMMER PROGRAMS FOR YOUTH, FAMILIES AND THE COMMUNITY, INCLUDING: STRUCTURED EDUCATIONAL PROGRAMS WITH AN EMPHASIS ON LITERACY, LEADERSHIP DEVELOPMENT, COMMUNITY OUTREACH AND IMPROVEMENT, AND CULTURAL AND RECREATIONAL ACTIVITIES.
  2. $2.6 million spent. SUPPORTIVE HOUSING - CONSISTS OF PROGRAMS PROVIDING SOCIAL SERVICES TO CHRONICALLY HOMELESS SINGLE ADULTS OR ADULT FAMILIES WITH A HEAD OF HOUSEHOLD WHO HAS A SERIOUS MENTAL ILLNESS, A SUBSTANCE USE DISORDER OR CO-OCCURING SMI AND SUD. YOUNG ADULTS TRANSITIONING FROM THE NYC FOSTER CARE SYSTEM ALSO RECEIVE SUPPORTIVE HOUSING FROM PHIPPS NEIGHBORHOODS AT ITS LOCATIONS: HONEYWELL APARTMENTS (912 E 178TH ST, BRONX, NY 10460), COURTLANDT COMMUNITY (929 COURTLANDT AVE, BRONX, NY 10451), AND LEE GOODWIN SITE (950 PROSPECT AVENUE, BRONX, 10460). THE NEW YORK CITY DEPARTMENT OF HEALTH AND MENTAL HYGIENE FUNDS LEE GOODWIN HOUSES.
  3. $2.9 million spent. EDUCATION & EMPLOYMENT PROGRAMS - CONSIST OF CENTER-BASED PROGRAMMING AND INCLUDE SEVERAL PROGRAMS TO PROVIDE TEENS AND YOUNG ADULTS CONTINUING EDUCATION, INCLUDING COLLEGE AND CAREER AWARENESS, AND WORK READINESS SKILLS. PHIPPS CAREER NETWORK PROGRAMS HELP OUT-OF-SCHOOL AND OUT-OF-WORK YOUNG PEOPLE AND UNEMPLOYED ADULTS START CAREERS IN HEALTHCARE AND BUILDING SERVICES.A) PHIPPS NEIGHBORHOODS CENTER AT 178TH STREET PROVIDES ASSISTANCE WITH ACCESSING PUBLIC BENEFITS, AND EMPLOYMENT COACHING AND RESOURCES.B) PHIPPS NEIGHBORHOODS OPPORTUNITY CENTER AT MELROSE AND WEST FARMS ARE COMMUNITY-BASED ADULT EDUCATION CENTERS THAT OFFER A RANGE OF PROGRAMS,INCLUDING LITERACY, FINANCIAL COUNSELING, TECHNOLOGY, WORKFORCE, AND A FOOD PANTRY.
  4. $4.3 million spent. EARLY CHILDHOOD EDUCATION & OTHER PROGRAMS - INCLUDE EDUCATION AND DIRECT SERVICES TO ADULTS, SENIORS, AND FAMILIES, SUCH AS RESIDENT AND FAMILY SERVICES. COMMUNITY EDUCATION PROGRAMS ALSO SUPPORTED INCLUDE FINANCIAL COUNSELING. THESE PROGRAMS ARE FUNDED BY NEW YORK CITY GOVERNMENT, FOUNDATIONS AND INDIVIDUAL DONORS, UNDER DONOR-DESIGNATED PROGRAM PERIODS OF ONE TO TWO YEARS.

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Legitimacy checks

  1. Is it registered with the IRS? Passed.

    Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  2. Has the IRS revoked its tax-exempt status? Passed.

    Not on the IRS automatic revocation list.

    Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.

  3. Are donations tax-deductible? Passed.

    On the IRS list of organizations eligible to receive tax-deductible contributions.

    Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.

  4. Is it keeping up with its IRS filings? Passed.

    Most recent return on file covers the year ending June 2025.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  5. How long has it been tax-exempt? Passed.

    Recognized by the IRS since March 1973.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  6. Is it in good standing with state regulators? Passed.

    Not on California's list of charities barred from soliciting. Other states are not yet checked.

    Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.

Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.