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Fund for Public Housing Inc

EIN 47-4915755 · New York, NY

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

LegitimacyPassesRegistration and standingFinancial healthFair50 out of 100GovernanceStrong93 out of 100Impact evidenceDescribes programsHow well its results are evidenced

What it says it does

THE FUND FOR PUBLIC HOUSING CREATES AND LEVERAGES RESOURCES AND RELATIONSHIPS TO ENHANCE THE OPPORTUNITIES AND QUALITY OF LIFE FOR NEW YORK CITY PUBLIC HOUSING RESIDENTS, WHILE UPLIFTING THE IMPORTANCE OF PUBLIC HOUSING TO OUR CITY. AS A NON PROFIT (501C3) ORGANIZATION, THE FUND FOR PUBLIC HOUSING AMPLIFIES AND SUPPORTS NYCHA'S CRITICAL MISSION TO PROVIDE QUALITY HOUSING FOR NEW YORKERS THAT IS SUSTAINABLE, INCLUSIVE AND SAFE, WHILE FOSTERING OPPORTUNITIES FOR ECONOMIC MOBILITY.

Income
$7.4 million
Spending
$8.8 million
Spent on programs
89%
Reserves
0.1 months of spending
Largest source of income
donations and private grants, 96%
Employees
15
Volunteers
100
Highest pay
$229,346, executive director

Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Financial health

Fair: 50 out of 100. Higher than 37% of charities in its peer group (housing, $1m to $10m).

  • Reserves

    4 of 35

    Spendable reserves would cover 0.1 months of spending.

  • Debt

    16 of 20

    It owes 29% of what it owns.

  • Living within its means

    0 of 15

    Spending exceeded income by 18% of income.

  • Income trend

    15 of 15

    Income rose 44% on the year before.

  • Spending floor

    15 of 15

    89% of spending went to programs and raising each dollar of donations cost 3 cents.

Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Governance

Strong: 93 out of 100. Higher than 57% of charities in its peer group (housing, $1m to $10m).

  • Independent board

    25 of 25

    19 of 19 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

    0 of 7

    Reports no 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 December 31, 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. $7.8 million spent. THE FUND SUPPORTS PROGRAMS IN FOUR FOCUS AREASLEADERSHIP DEVELOPMENT, WORKFORCE SKILLS AND ECONOMIC MOBILITY, COMMUNITY HEALTH, AND FINANCIAL EMPOWERMENTTO EMPOWER OVER 500,000 NYCHA RESIDENTS TO MAXIMIZE THEIR CAPABILITIES AND FULFILL THEIR ASPIRATIONS. IN 2025, THE FUND EXPANDED GREEN SPACE CONNECTIONS, SCALING THE CONNECTED COMMUNITIES INITIATIVE BY ENGAGING RESIDENTS AT FOUR HIGH-NEED NYCHA DEVELOPMENTS IN BROOKLYN AND THE BRONX, AND SECURING FUNDING TO SERVE AN ADDTIONAL FOUR COMMUNITIES THROUGH THE PROGRAM. THE PROGRAM INCREASES ACCESS TO HEALTHY, SAFE, AND SUSTAINABLE GREEN SPACES IN COLLABORATION WITH EXPERT PARTNERS IN GREENSPACE DEVELOPMENT, HUMAN-CENTERED DESIGN, COMMUNITY PROGRAMMING, AND COMMUNICATIONS. DURING 2025, THE FUND LAUNCHED FROM IMAGINE TO ACTIVATE, A GREEN SPACE CONNECTIONS TOOLKIT TO SUPPORT REPLICATION OF THE MODEL FOR FUTURE PROJECTS. THE TOOLKIT IS DESIGNED FOR USE BY STAKEHOLDERS, INCLUDING NYCHA RESIDENT LEADERS AND OTHER NONPROFIT ORGANIZATIONS, AND PROVIDES GUIDANCE ON COSTS AND PROCESSES ASSOCIATED WITH COMMON OPEN SPACE UPGRADES AND ART INSTALLATION AND RESTORATION. IN ADDITION, IN 2025, THE FUND EXPANDED WORK IN NYCHA'S OPEN SPACES INCLUDING A FULL-CAMPUS OPEN SPACE TRANSFORMATION AT HARBORVIEW TERRACE HOUSES, A NEW SPLASH PAD AT POMONOK HOUSES, A SENSORY PLAYGROUND AND GARDEN AT MORRISANIA AIR RIGHTS, AND AN OPEN SPACE ACTIVATION CALLED COMMON CORNER AT MORRIS HOUSES. THE PUBLIC HOUSING COMMUNITY FUND AWARDED A RECORD 100 SCHOLARSHIPS TO NYCHA RESIDENTS ENROLLED IN CITY UNIVERSITY OF NEW YORK (CUNY) INSTITUTIONS. THROUGH PHCF'S PROGRAMS IN 2025, PARTICIPANTS WERE PREPARED TO LAUNCH THEIR OWN FOOD AND HOME CHILDCARE BUSINESSES. FURTHER, 19 NYCHA RESIDENTS COMPLETED HEATING TECHNICIAN TRAINING WITH SUPPORT FROM THE PUBLIC HOUSING COMMUNITY FUND, AND THE FUND CELEBRATED THE COMPLETION OF ITS 7TH COHORT OF THE NYCHA CLEAN ENERGY ACADEMY. FINALLY, THE FUND AND NYCHA COMPLETED RESTORATION OF THE EXODUS AND DANCE FRIEZE AT KINGSBOROUGH HOUSES AND AN ADJACENT PUBLIC-ART PROJECT CALLED MIGRATION, NYCHA'S FIRST HERITAGE WALK, AND IN 2025, THE FROM ROOTS TO ARTS ARTIST-IN-RESIDENCE PROGRAM PROVIDED A FULL YEAR OF SERVICE TO PUBLIC HOUSINGS COMMUNITIES IN ALL FIVE BOROUGHS.

Source: Form 990 for the year ending December 31, 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 November 6, 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 December 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 January 2016.

    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 November 4, 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.