Skip to the page content
Passes our checks

Grand Central Neighborhood Social Services Corporation

EIN 13-3534255 · New York, NY

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

LegitimacyPassesRegistration and standingFinancial healthFair57 out of 100GovernanceStrong100 out of 100Impact evidenceDescribes programsHow well its results are evidenced

What it says it does

THE ORGANIZATION IS COMMITTED TO PROVIDING IMMEDIATE RELIEF TO MIDTOWN MANHATTAN'S HOMELESS POPULATION. THROUGH OUR MAINCHANCE DROP-IN CENTER, WE OFFER BASIC NECESSITIES (FOOD, CLOTHING, SHOWERS, AND CHAIRS FOR RESPITE) AND A RANGE OF SOCIAL SERVICES INCLUDING EMPLOYMENT COUNSELING, TREATMENT REFERRALS, AND HOUSING ASSISTANCE. IN ORDER TO HELP PEOPLE USE OUR CENTER AS A BRIDGE TO A MORE SECURE LIFE, WE HAVE DESIGNED A CONSUMER-ORIENTED MEMBERSHIP PROGRAM TO MEET OUR CLIENTS AT THEIR VARIOUS LEVELS OF NEED TAILORING OUR SERVICES TO FIT THE SPECIFIC SITUATIONS OF EACH INDIVIDUAL. WE GIVE THEM A CHOICE AND, IN DOING SO, WE GIVE THEM A GREATER CHANCE OF SUCCESS. WE RECOGNIZE THAT, FOR SOME, SIMPLY COMING IN FROM THE STREETS IS A SIGNIFICANT STEP. IT IS THESE PEOPLE THOSE USUALLY EXCLUDED FROM OTHER SERVICE AGENCIES THAT WE AID MOST.

Income
$4.5 million
Spending
$4.2 million
Spent on programs
98%
Reserves
1.7 months of spending
Largest source of income
government grants, 98%
Employees
150
Volunteers
110
Highest pay
$261,278, executive director

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: 57 out of 100. Higher than 27% of charities in its peer group (human services, $1m to $10m).

  • Reserves

    10 of 35

    Spendable reserves would cover 1.7 months of spending.

  • Debt

    2 of 20

    It owes 89% of what it owns.

  • Living within its means

    15 of 15

    Income exceeded spending by 7% of income.

  • Income trend

    15 of 15

    Income rose 37% on the year before.

  • Spending floor

    15 of 15

    98% 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

Strong: 100 out of 100. Higher than 65% of charities in its peer group (human services, $1m to $10m).

  • Independent board

    25 of 25

    10 of 10 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

    10 of 10

    Gave the board a copy of this return before filing it.

  • Pay set independently

    5 of 5

    Sets its chief executive's pay through independent review and comparison.

  • Independent check of accounts

    15 of 15

    Its accounts were audited 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 (1)
  1. $4.1 million spent. MAINCHANCE MULTI-SERVICE CENTER AND SERVICES - THE ORGANIZATION, THROUGH ITS MAINCHANCE MULTI-SERVICE CENTER, OFFERS BASIS NECESSITIES TO ITS CLIENTS SUCH AS FOOD, CLOTHING, SHOWERS, AND BEDS, FOR EVENING RESPITE THROUGH A COLLABORATION WITH FAITH-BASED ORGANIZATIONS. THEY ALSO PROVIDE A WIDE RANGE OF SOCIAL SERVICES INCLUDING CASE MANAGEMENT, GROUP WORKSHOPS, MEDICAL AND PSYCHOLOGICAL SERVICES, TREATMENT REFERRALS, AND HOUSING ASSISTANCE. THE ORGANIZATION AIMS TO HELP ITS CLIENTS SECURE STABLE HOUSING BY WORKING CLOSELY WITH THEM TO DEVELOP AND IMPROVE THE SKILLS NECESSARY TO OBTAIN AND MAINTAIN HOUSING STABILITY.

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 April 1991.

    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.