Hester Street Collaborative Inc
Only null% goes to programs Thin reserves Declining revenue
Hester Street Collaborative Inc is a 501(c)(3) organization based in New York, New York, registered in 2004, with $3,151,792 in FY2024 revenue. CharityIndex grades it D.
113 Hester St, New York, NY, 10002 EIN 20-0774906 Since 2004
Revenue (FY2024)
$3.2M
▼ 45.2% vs prior year
Community median: $184K
Expenses (FY2024)
$3.2M
Net assets
-$4,280
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
D
—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 Hester Street Collaborative Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DFinancial health25% of the rating0 mo reserves · -0% 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 Hester Street Collaborative Inc: 0 mo reserves · -0% margin earns a D 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 Hester Street Collaborative 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 Hester Street Collaborative Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Contact & location
- Address
- 113 Hester St, New York, NY, 10002
- City
- New York
- State
- New York
- Subcategory
- Economic Development
- Website
- …
Financial trends
Revenue grew from $341K (FY2013) to $3.2M (FY2024) across 10 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $880KNet assets -$4,280
Operating margin
-0.4%
Spent more than it raised in the latest fiscal year.
Total assets
$876K
Total liabilities
$880K
Net assets
-$4,280
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $3,151,792▼45.2% | $3,165,255▼27.8% | -$4,280▼100% | $875,912▼79.3% | 990 |
| 2023 | $5,749,291▲27.4% | $4,386,624▼15.4% | $3,156,014▲76.0% | $4,227,099▲50.5% | 990 |
| 2022 | $4,512,361▼12.7% | $5,183,413▲20.5% | $1,793,347▼27.3% | $2,808,524▼10.6% | 990 |
| 2021 | $5,168,829▲68.9% | $4,301,486▲40.1% | $2,467,989▲54.2% | $3,142,438▲46.6% | 990 |
| 2020 | $3,061,054▼16.0% | $3,071,240▲15.6% | $1,600,646▼0.6% | $2,143,261▲7.9% | 990 |
| 2019 | $3,645,160▲96.8% | $2,656,100▲23.6% | $1,610,832▲115% | $1,985,773▲128% | 990 |
| 2016 | $1,852,171▲7.3% | $2,148,757▲119% | $749,922▼28.3% | $871,470▼18.9% | 990 |
| 2015 | $1,725,743▲138% | $979,954▲41.1% | $1,046,508▲248% | $1,075,011▲206% | 990 |
| 2014 | $724,453▲112% | $694,750▲23.6% | $300,719▲11.0% | $351,492▲3.7% | 990 |
| 2013 | $341,423 | $562,194▲3.9% | $271,016▼44.9% | $339,080▼37.8% | 990 |
| 2012 | — | $540,892 | $491,787 | $545,583 | 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 · $1.8M total
23 grants to Hester Street Collaborative Inc totaling $1.8M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| United Way of New York City | Change capital fund - change capital fund the change capital fund (ccf) is a collaboration of philanthropic foundations and financial institutions that pool funds to invest in community development efforts across new york city. ccf began funding community development corporations towards the goal of more effectively reducing persistent and chronic poverty. each participating nonprofit organization will be funded over four years and receive technical assistance support towards the goal of building internal capacity for multi-disciplinary practices and improved outcomes tracking systems, and developing more effective business models. | 2023 | $175,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2023 | $21,000 |
| Amalgamated Charitable Foundation Inc | General operating support | 2023 | $10,000 |
| United Way of New York City | Together we thrive (twt)- twt is a coalition that provides access to capital, social networks and technical assistance to support the survival, success and sustainability of black-owned businesses. | 2022 | $212,500 |
| United Way of New York City | Change capital fund - change capital fund the change capital fund (ccf) is a collaboration of philanthropic foundations and financial institutions that pool funds to invest in community development efforts across new york city. ccf began funding community development corporations towards the goal of more effectively reducing persistent and chronic poverty. each participating nonprofit organization will be funded over four years and receive technical assistance support towards the goal of building internal capacity for multi-disciplinary practices and improved outcomes tracking systems, and developing more effective business models. | 2022 | $75,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2022 | $20,000 |
| United Way of New York City | Choose healthy life - chl has brought together local united way agencies under the uwnyc, which serves as its implementation partner. the churches and the agencies work collaboratively with local health departments, hospitals, and community-based organizations to ensure access to much-needed health services | 2021 | $365,000 |
| United Way of New York City | Together we thrive ( twt)- twt is a coalition that provides access to capital, social networks and technical assistance to support the survival, success and sustainability of black-owned businesses. | 2021 | $288,526 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2021 | $20,360 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2021 | $20,360 |
| United Way of New York City | Covid-19 fund-the covid-19 community fund will provide resources to our partner agencies and community-based organizations that work with communities who are disproportionately impacted by coronavirus and the economic consequences of the outbreak. we will mobilize our broad network of over 600 community-based partners throughout the city to provide assistance to families to weather the covid-19 crisis. this network of community partners will provide direct services through our readnyc, feednyc and strengthennyc programs. | 2020 | $130,000 |
| United Way of New York City | Together we thrive (twt) is a coalition that provides access to capital, social networks and technical assistance to support the survival, success and sustainability of black-owned businesses. | 2020 | $115,520 |
| United Way of New York City | Choosing healthy life -chl black clergy action plan to address covid-19 and other health disparities in the black community. to raise awareness, educate the community on preventative measures, and most importantly provide access to covid-19 testing for high-risk communities through the black church. | 2020 | $60,000 |
| United Way of New York City | Readnyc- readnyc is a comprehensive, aligned, and collective strategy to support children, families, and communities with resources to build and sustain a culture of learning and achievement, captured in the proof point of student success in grade three. | 2020 | $29,600 |
| United Way of New York City | Atlas- is in direct response to new york citys dramatic reevaluation of its criminal justice system aimed at fulfilling the need for supportive, strength-based offerings to ensure that court-involved individuals are in a position to succeed. this will ultimately reduce crime by eliminating the dependence of incarceration and replacing it with personal empowerment and community support. | 2020 | $23,696 |
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Frequently asked questions
- Is Hester Street Collaborative Inc a legitimate nonprofit?
- Yes. Hester Street Collaborative Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 20-0774906, based in New York, New York. Donations are tax-deductible.
- What is Hester Street Collaborative Inc's EIN?
- Hester Street Collaborative Inc's Employer Identification Number (EIN) is 20-0774906.
- How much revenue does Hester Street Collaborative Inc report?
- Hester Street Collaborative Inc reported $3,151,792 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Hester Street Collaborative Inc have?
- CharityIndex grades Hester Street Collaborative Inc D, based on financial health (reserves and operating margin).
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Data for Hester Street Collaborative Inc (EIN 20-0774906) 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.