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CHARITY REVIEW
Issued: December 2023 Expires: December 2025

Henry Street Settlement

Accredited Charity
Accredited Charity

Meets Standards
Accreditation seal
(212) 766-9200
265 Henry Street
New York, NY, 10002-4808
https://www.henrystreet.org
📄 Full Report 🖨️ Print 📋 BBB Charity Standards

Standards For Charity Accountability

Governance

  1. Board Oversight
  2. Board Size
  3. Board Meetings
  4. Board Compensation
  5. Conflict of Interest

Measuring Effectiveness

  1. Effectiveness Policy
  2. Effectiveness Report

Finances

  1. Program Expenses
  2. Fundraising Expenses
  3. Accumulating Funds
  4. Audit Report
  5. Detailed Expense Breakdown
  6. Accurate Expense Reporting
  7. Budget Plan

Fundraising & Info

  1. Truthful Materials
  2. Annual Report
  3. Website Disclosures
  4. Donor Privacy
  5. Cause Marketing Disclosures
  6. Complaints

Henry Street Settlement meets the 20 Standards for Charity Accountability.

Stated Purpose:
Henry Street Settlement opens doors of opportunities for Lower East Side residents and other New Yorkers through social services, arts, and health care programs.

Year, State Incorporated:
1893, NY

Henry Street Settlement programs reach 50,000  New Yorkers annually through four programmatic areas: Transitional and  Supportive Housing, including a shelter for survivors of domestic violence,  transitional residences for homeless families and single women, and supportive  services; Health and Wellness, including state-licensed mental health and  primary health care clinics, supportive housing for the mentally ill and  individuals living with HIV/AIDS; a parent center, a senior center and senior  services, and the Health Care Access health insurance enrollment program; Youth  and Workforce Development including an early childhood education program;  after- school programs, college preparation, and a workforce development  center for adults; Visual and Performing Arts , including affordable  cutting-edge performance and exhibitions, classes in dance, theater, music, and the visual arts for all ages and skill levels, art-in-education programs for  public school, and a residency program for emerging artists. 

For the year ended June 30, 2022, Henry Street Settlement's program expenses were:

Total program services $43,176,607
Total Program Expenses $43,176,607

Chair of the Board
Ms. Catherine Curley Lee, Director of Human Resources

Chair's Profession / Business Affiliation
Glenview Capital

Board Size
38

Paid Staff Size
661

Method(s) Used:
Direct mail appeals, Invitations to fund raising events, Grant proposals, Internet, Appeals via Social Media (Facebook, etc.)

% of Related Contributions on Fundraising: 3.00%

This organization is tax-exempt under section 501(c)(3) of the Internal Revenue Code. It is eligible to receive contributions deductible as charitable donations for federal income tax purposes.

The following information is based on Henry Street Settlement's audited financial statements for the year ended June 30, 2022.

Source of Funds
Grants and fees from contracting agencies $32,266,383
Contributions $11,062,663
Program service fees $2,253,593
Contributed non-financial assets $2,221,340
Realized gains on sale of investments $1,964,234
Interest and dividends $1,644,421
Rental revenue $1,183,940
Special events $1,083,757
Other income $232,543
Legacies and bequests $3,390
Unrealized (losses) gains on investments $-5,576,279
Total Income $48,339,985

Programs: 84% Fundraising: 3% Administrative: 13%

Total Income $48,339,985
Total expenses: $51,244,823
  Program expenses $43,176,607
  Fundraising expenses $1,399,942
  Administrative expenses $6,668,274
  Other expenses $0
Income in Excess of Expenses $-2,904,838
Beginning Net Assets $60,095,193
Other Changes In Net Assets $5,200,300
Ending Net Assets $62,390,655
Total Liabilities $17,717,850
Total Assets $80,108,505

An organization may change its practices at any time without notice. A copy of this report has been shared with the organization prior to publication. It is not intended to recommend or deprecate, and is furnished solely to assist you in exercising your own judgment. If the report is about a charity and states the charity meets or does not meet the Standards for Charity Accountability, it reflects the results of an evaluation of information and materials provided voluntarily by the charity. The name Better Business Bureau is a registered service mark of the International Association of Better Business Bureaus.

This report is not to be used for fundraising or promotional purposes.

RELATED CONTENT

Report completed by:
BBB Foundation of Metropolitan New York