Chances For Children-ny Inc
Only null% goes to programs Strong reserves Growing revenue
Chances For Children-ny Inc is a 501(c)(3) organization based in Bronx, New York, registered in 2015, with $2,323,084 in FY2024 revenue. CharityIndex grades it B.
424 East 147th Street 4th Fl, Bronx, NY, 10455 EIN 47-3482005 Since 2015
Revenue (FY2024)
$2.3M
▲ 122.2% vs prior year
Education median: $200K
Expenses (FY2024)
$1.6M
Net assets
$2.1M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
★★★★
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Chances For Children-ny Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
AFinancial health25% of the rating16 mo reserves · +30% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Chances For Children-ny Inc: 16 mo reserves · +30% margin earns a A on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Chances For Children-ny Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Chances For Children-ny Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Contact & location
- Address
- 424 East 147th Street 4th Fl, Bronx, NY, 10455
- City
- Bronx
- State
- New York
- Category
- Education
- Subcategory
- Adult & Continuing Education
- Website
- …
Financial trends
Revenue grew from $357K (FY2015) to $2.3M (FY2024) across 10 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $850KNet assets $2.1M
Operating margin
30.5%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$2.9M
Total liabilities
$850K
Net assets
$2.1M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $2,323,084▲122% | $1,614,731▲21.6% | $2,087,553▲51.4% | $2,937,403▲110% | 990 |
| 2023 | $1,045,388▼0.6% | $1,328,274▲16.1% | $1,379,200▼17.0% | $1,399,237▼16.7% | 990 |
| 2022 | $1,051,884▼30.4% | $1,143,794▲40.3% | $1,662,086▼5.2% | $1,679,653▼5.7% | 990 |
| 2021 | $1,510,818▲39.5% | $815,111▲39.2% | $1,753,996▲65.7% | $1,781,075▲65.5% | 990 |
| 2020 | $1,083,155▲45.4% | $585,567▼17.1% | $1,058,289▲88.7% | $1,076,093▲90.8% | 990 |
| 2019 | $745,088▲16.0% | $706,664▲2.8% | $560,701▲7.4% | $563,982▲7.4% | 990 |
| 2018 | $642,154▲22.4% | $687,370▲87.0% | $522,277▼8.0% | $524,955▼7.7% | 990 |
| 2017 | $524,716▲3.4% | $367,500▲13.6% | $567,493▲38.3% | $568,847▲36.5% | 990 |
| 2016 | $507,663▲42.4% | $323,410▲148% | $410,277▲81.5% | $416,777▲84.4% | 990 |
| 2015 | $356,627 | $130,603 | $226,024 | $226,024 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Grants received · $2.7M total
25 grants to Chances For Children-ny Inc totaling $2.7M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Robin Hood Foundation | Poverty relief | 2024 | $1,000,000 |
| Vanguard Charitable Endowment Program | For recipient's exempt purpose | 2023 | $288,500 |
| Robin Hood Foundation | Poverty relief | 2023 | $250,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2023 | $57,450 |
| Donor Advised Charitable Giving | Education | 2023 | $22,650 |
| Vanguard Charitable Endowment Program | For recipient's exempt purpose | 2022 | $299,500 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2022 | $59,400 |
| Robin Hood Foundation | Poverty relief | 2022 | $25,000 |
| Donor Advised Charitable Giving | Education | 2022 | $16,900 |
| National Philanthropic Tr | Human services | 2022 | $10,000 |
| Vanguard Charitable Endowment Program | For recipient's exempt purpose | 2021 | $158,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2021 | $50,078 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2021 | $50,078 |
| Independent Charitable Gift Fund | General support | 2021 | $50,000 |
| Donor Advised Charitable Giving | Education | 2021 | $20,000 |
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Frequently asked questions
- Is Chances For Children-ny Inc a legitimate nonprofit?
- Yes. Chances For Children-ny Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 47-3482005, based in Bronx, New York. Donations are tax-deductible.
- What is Chances For Children-ny Inc's EIN?
- Chances For Children-ny Inc's Employer Identification Number (EIN) is 47-3482005.
- How much revenue does Chances For Children-ny Inc report?
- Chances For Children-ny Inc reported $2,323,084 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Chances For Children-ny Inc have?
- CharityIndex grades Chances For Children-ny Inc B, based on financial health (reserves and operating margin).
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Explore more
Data for Chances For Children-ny Inc (EIN 47-3482005) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.