New York Cares
Meets Standards
Standards For Charity Accountability
Governance
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Board Oversight
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Board Size
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Board Meetings
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Board Compensation
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Conflict of Interest
Measuring Effectiveness
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Effectiveness Policy
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Effectiveness Report
Finances
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Program Expenses
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Fundraising Expenses
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Accumulating Funds
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Audit Report
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Detailed Expense Breakdown
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Accurate Expense Reporting
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Budget Plan
Fundraising & Info
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Truthful Materials
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Annual Report
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Website Disclosures
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Donor Privacy
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Cause Marketing Disclosures
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Complaints
New York Cares meets the 20 Standards for Charity Accountability.
Stated Purpose:
New York Cares was founded in 1987 by a group of friends who wanted to take action against the serious social issues facing New York City. Like many other caring New Yorkers with demanding schedules, they searched in vain for an organization that offered flexible, hands-on volunteer opportunities. Finding none, they created New York Cares to address the problems from the ground up. Our mission: to meet pressing community needs by mobilizing caring New Yorkers in volunteer services.
Year, State Incorporated:
1987, NY
As the volunteer management organization that has built the capacity of New York City’s nonprofit sector for 37 years, New York Cares serves as a year-round strategic partner to 450 Community Partners – the schools and fellow 501c3 nonprofits where we develop, manage, and evaluate group volunteer programs to help our partners build their capacity to meet their missions. This year, we will mobilize our corps of 65,000 volunteers – including specially trained volunteer Team Leaders who provide oversight on projects – to serve low-income clients through programming including health and wellness; college and career readiness; economic empowerment; and community revitalization. New York Cares is a lynchpin in the nonprofit sector, building the capacity of our partners at a time when many face funding and staffing cuts. In addition to our year-round weekly programming, New York Cares also serves as a designated nonprofit partner for the NYC Office of Emergency Management, we continue to step up with critical resources in times of crisis.
For the year ended September 30, 2023, New York Cares's program expenses were:
| Programs | $8,804,588 |
| Total Program Expenses | $8,804,588 |
Chief Executive
Sapreet Saluja, Executive Director
Chair of the Board
Paul J. Taubman, Chairman and CEO
Chair's Profession / Business Affiliation
PJT Partners
Board Size
23
Paid Staff Size
110
Method(s) Used:
Direct mail appeals, Invitations to fund raising events, Print advertisements (newspapers, magazines, etc.), Grant proposals, Internet, Appeals via Social Media (Facebook, etc.)
Tax status information not available.
The following information is based on New York Cares's audited financial statements for the year ended September 30, 2023.
Source of Funds
| Corporations | $4,102,540 |
| Government | $2,299,899 |
| Individuals | $2,246,752 |
| Special Events | $1,724,117 |
| Foundations | $1,069,831 |
| Donated Goods and Services | $889,511 |
| Investment Income | $154,103 |
| Net Realized and Unrealized Gains on Investments | $138,246 |
| Total Income | $12,624,999 |
Programs: 80% Fundraising: 15% Administrative: 5%
| Total Income | $12,624,999 |
| Total expenses: | $10,943,588 |
| Program expenses | $8,804,588 |
| Fundraising expenses | $1,632,117 |
| Administrative expenses | $506,883 |
| Other expenses | $0 |
| Income in Excess of Expenses | $1,681,411 |
| Beginning Net Assets | $9,729,683 |
| Other Changes In Net Assets | $0 |
| Ending Net Assets | $11,411,094 |
| Total Liabilities | $1,011,566 |
| Total Assets | $12,422,660 |
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
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Meets Standards
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Standards Not Met
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Did Not Disclose
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Review in Progress
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Unable to Verify
Report completed by:
BBB Foundation of Metropolitan New York