HEART OF THE CITY NEIGHBORHOODS INC

BUFFALO, NY, 14202-2415 (716) 882-7661 Est. 1995 EIN 16-1544656
L20— Housing & Shelter Form 990 501(c)(3)
WWW.HOCN.ORG

Mission

HEART OF THE CITY NEIGHBORHOODS, INC. IS A NOT-FOR-PROFIT CORPORATION ORGANIZED FOR THE PURPOSE OF WORKING TOWARDS WESTERN NEW YORK NEIGHBORHOOD DEVELOPMENT AND PRESERVATION.

Giving Portfolio

Total Grants
2
Total Giving
$143K
Recipients
2
Years Active
2022 - 2024
Avg grant: $71,557 Median: $71,557

Yearly Trends

YearGrantsTotal Giving Avg GrantNewRepeat
20241$32K $32K01
20221$111K $111K10

Sectors Funded

Housing & Shelter
2

Top States

New York
2

Grantee Size Profile

Under $100K
2

Top Grantees

Grants Awarded · 2 grants

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Financials

Total Revenue
$3,369,820
Total Expenses
$3,163,481
Net Assets
$314,969
8 employees
From latest filing (tax period ending 2024-12-31)

Financial Health

Operating Reserve
1.2 months Low
Net assets / monthly expenses
Year-over-Year Change
Revenue ↑ 42.4%
Expenses ↑ 32.2%
Revenue Sources
Contributions 93.8% Earned revenue 6.0% Investment 0.2%
Expense Breakdown
Program 93.2% Management 6.8%

Officers & Trustees (11)

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Filing History (6 filings)

YearRevenueExpensesNet Assets
2024 Form 990$3,369,820 $3,163,481$314,969
2023 Form 990$2,367,171 $2,393,417$108,630
2022 Form 990$1,658,680 $1,749,865$134,876
2021 Form 990$1,222,102 $1,125,854$226,061
2020 Form 990$735,538 $681,811$129,813
2018 Form 990$548,234 $501,885$-145,283

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EIN: 16-1544656 · Source: IRS Form 990 e-file data