New York Communities Organizing Fund Inc
Public records show a registered, tax-exempt organization in good standing.
What it says it does
COMMUNITY-BASED NONPROFIT ORGANIZATION THAT SEEKS TO EMPOWER LOW- AND MODERATE-INCOME NEW YORKERS TO HELP THEMSELVES. THROUGH PUBLIC EDUCATION, ADVOCACY, RESEARCH, AND DIRECT SERVICES, NYCOFI WORKS TO IMPROVE THE ECONOMIC SECURITY AND WELLBEING OF LOWINCOME AND PEOPLE OF COLOR COMMUNITIES THROUGHOUT NEW YORK STATE.
- Income
- $2.4 million
- Spending
- $2.5 million
- Spent on programs
- 96%
- Reserves
- 0.7 months of spending
- Largest source of income
- donations and private grants, 99%
- Employees
- 0
- Volunteers
- 9
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Weak: 29 out of 100. Higher than 4% of charities in its peer group (community improvement, $1m to $10m).
Reserves
4 of 35Spendable reserves would cover 0.7 months of spending.
Debt
2 of 20It owes 87% of what it owns.
Living within its means
8 of 15Spending exceeded income by 4% of income.
Income trend
0 of 15Income fell 37% on the year before.
Spending floor
15 of 1596% of spending went to programs and raising each dollar of donations cost 0 cents.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Good: 84 out of 100. Higher than 36% of charities in its peer group (community improvement, $1m to $10m).
Independent board
25 of 259 of 9 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
7 of 7Has a written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Independent check of accounts
0 of 15Its accounts were not audited or reviewed by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending December 31, 2024, 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)
- $37,903 spent. WORKER'S RIGHTS - AMERICA HAS BECOME A NATION OF THE OVERWORKED AND THE UNDERPAID, AND IN NO CITY IS THAT TRUER THAN NEW YORK CITY ESPECIALLY FOR OUR IMMIGRANTS AND COMMUNITIES OF COLOR. FROM BEING AT THE FOREFRONT OF THE PAID SICK DAYS FIGHT TO IGNITING THE FIGHT FOR $15 CAMPAIGN TO RAISE THE STATE MINIMUM WAGE, WORKPLACE JUSTICE SITS AT THE CORE OF OUR WORK. WE STAND WITH ALL LOWWAGE WORKERS AND THEIR RIGHT TO A LIVING WAGE AND TO UNIONIZE WITHOUT RETALIATION.
- $1.3 million spent. ENVIRONMENTAL JUSTICE - CLIMATE CHANGE AND INEQUALITY ARE THE TWO GREAT MORAL CRISES OF OUR TIME. LOW-INCOME COMMUNITIES OF COLOR, WHO DO NOT HAVE MONEY AND POWER TO FALL BACK ON IN A DISASTER, ARE ALREADY HIT THE HARDEST. THROUGH COALITION-BUILDING AND EDUCATION REGARDING THE CAUSES AND POSSIBLE SOLUTIONS TO THE CLIMATE CRISIS NYCOFI SEEKS TO ENSURE THAT CONVERSATIONS ABOUT THE CLIMATE CRISIS ARE HEARD.
- $424,449 spent. HOUSING - NEW YORKERS FACE A REAL AFFORDABLE HOUSING CRISIS. OVER THE PAST DECADE, RENTS HAVE INCREASED AT TWICE THE RATE OF OUR INCOMES, WHILE WE REMAIN AT THE MERCY OF GREEDY LANDLORDS WHO INCREASE RENT AS THEY SEE FIT. AS A LEAD ORGANIZATION IN COALITIONS SUCH AS THE REAL AFFORDABILITY FOR ALL AND ALLIANCE FOR TENANT POWER, WE FIGHT TO ENSURE THAT HOUSING POLICIES PRIORITIZE AND DELIVER REAL AFFORDABILITY FOR THE MOST ECONOMICALLY VULNERABLE HOUSEHOLDS.
- $610,544 spent. Other Programs
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
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.
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.
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.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2024.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since March 2011.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
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.