New Covenant Community Development Corp is a 501(c)(3) organization based in Bronx, New York, registered in 2009, with $1,986,823 in FY2024 revenue. CharityIndex grades it C.
Revenue (FY2024)
$2.0M
▲ 9.6% vs prior year
Human Services median: $293K
Expenses (FY2024)
$2.0M
Net assets
$65K
Employees
—
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 New Covenant Community Development Corp— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
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 New Covenant Community Development Corp: 0 mo reserves · -0% margin earns a C on this criterion. See the exact thresholds →
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 New Covenant Community Development Corp— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
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 New Covenant Community Development Corp: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $1.1M (FY2020) to $2.0M (FY2024) across 5 reported years.
Financial snapshot
Operating margin
-0.3%
Spent more than it raised in the latest fiscal year.
Total assets
$66K
Total liabilities
$1,500
Net assets
$65K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $1,986,823▲9.6% | $1,992,864▲8.1% | $64,535▼8.6% | $66,035▼8.4% | 990 |
| 2023 | $1,812,338▲8.7% | $1,842,814▲11.6% | $70,576▼30.2% | $72,076▼29.7% | 990 |
| 2022 | $1,666,622▲52.8% | $1,650,610▲51.3% | $101,052▲18.8% | $102,552▲3.9% | 990 |
| 2021 | $1,090,824▼4.5% | $1,090,654▼6.1% | $85,040▲0.2% | $98,690▲1.7% | 990 |
| 2020 | $1,142,059 | $1,161,382 | $84,870 | $97,063 | 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.
8 grants to New Covenant Community Development Corp totaling $197K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| City Harvest Inc | Rapid response | 2024 | $7,474 |
| United Way of New York City | Connect2care -uwnyc recently established connect2care, a health partnership with five community-based organizations across nyc. aiming to enhance these organizations capacity for health-related work, the health equity team trains their staff in health equity at their justice and opportunity events, and funds food-as-medicine services at their sites. | 2023 | $30,000 |
| United Way of New York City | Hunger prevention nutrition assistance program (hpnap) - hpnap helps ensure the accessibility and availability of safe, nutritious food in nycs most vulnerable communities; supports comprehensive nutrition and health education efforts; monitors need and issues related to food security; and partners with other emergency food providers on food security and nutrition issues. | 2021 | $6,000 |
| 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 | $25,000 |
| United Way of New York City | Hunger prevention nutrition assistance program (hpnap) - hpnap helps ensure the accessibility and availability of safe, nutritious food in nycs most vulnerable communities; supports comprehensive nutrition and health education efforts; monitors need and issues related to food security; and partners with other emergency food providers on food security and nutrition issues. | 2020 | $6,000 |
| 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. | 2019 | $50,000 |
| Thdf II Inc | To assist local charities | 2017 | $5,000 |
| United Way of New York City | Food assistance collaborative - the fac exists for the purpose of increasing equity and efficiency across the emergency food network in new york city. this is accomplished primarily through the provision of additional food in highly concentrated areas of need as well as capital support to non-profits in need of infrastructural resources. | 2016 | $68,000 |
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Data for New Covenant Community Development Corp (EIN 13-4167577) 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.