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Fifth Avenue Committee

Brooklyn, NY · EIN 11-2475743 · 501(c)(3) · Publicly supported organization (170(b)(1)(A)(vi))
Latest filing: Form 990 for the fiscal year ending June 30, 2025 (tax year 2024) · View the filing · Correct or respond

Fifth Avenue Committee reported $10.8 million in revenue and $10.6 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $87.87 went to program services, $7.29 to management and general costs and $4.84 to fundraising. Its largest source of revenue was contributions and grants: 58.4% of the total. Government grants made up 33.8%. The highest compensation it reported for one person was $290,232 (EXECUTIVE DIRECTOR). 13 people received more than $100,000 in reportable compensation. Revenue rose 46% between FY2020 and FY2025. Source: Form 990, FY2025.

Where $100 of spending went

The fiscal year ending June 30, 2025 · Form 990, Part IX, line 25 · total expenses $11M

For context, the median across 2,433 covered unclassified charities: $88.27 programs, $11.68 management, $0.05 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

The fiscal year ending June 30, 2025 · Form 990, Part VIII · total revenue $11M

The 990 scorecard · same measures for every charity, no grades

FY2025 filing. Median across 2,433 covered charities in this category, from their latest filings.
MeasureFY2025Median
Program services
Part IX 25(B) ÷ 25(A)
87.9%86.7%
Management & general
Part IX 25(C) ÷ 25(A)
7.3%11.5%
Fundraising
Part IX 25(D) ÷ 25(A)
4.8%0.0%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.08$0.01
Contributions & grants share of revenue
Part VIII 1h ÷ 12
58.4%29.9%
Government grants share of revenue
Part VIII 1e ÷ 12
33.8%3.8%
Program service revenue share
Part VIII 2g ÷ 12
37.8%58.9%
Highest reported compensation
Part VII-A, columns D–F
$290,232$301,601
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
2.73%1.38%
People paid over $100,000
Part VII, line 2
136
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
8.36.8
Independent voting board members
Part VI 1a–1b
13 of 13100.0%

A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.

What the money paid for, in its own words

FY2025 · Form 990, Part III · the three largest programs by expense
$3.6M expenses · 38.5% of program spending · grants $445K · revenue $4.1M

Affordable housing and community facilities development: since its founding, fac has developed 1,665 affordable homes, revitalized more than 30 storefronts, and built over 120,000 square feet of community space. Facs affordable housing development and preservation pipeline includes over 2,061 units representing an investment of nearly $1.44 billion in brooklyn. All fac's new developments are designed to leed, enterprise green community or passive house standards. Fac owns and/or manages 46 residential buildings with 738 units in south/central brooklyn and jamaica, queens that are home to…

$1.7M expenses · 18.1% of program spending

Adult education:facs adult education department offers a range of classes, including english for speakers of other languages (esol), adult basic education (abe), high school equivalency (hse), digital literacy, and workforce bridge programming at local public schools and churches. In FY 25, 1,187 students enrolled in one or more of these programs and classes. The bridge program is a partnership with facs nonprofit workforce development affiliate, brooklyn workforce innovations (bwi)s red hook on the road commercial drivers license (cdl), brooklyn networks tele-data cable installation, and…

$338K expenses · 3.6% of program spending

Organizing and advocacy: facs organizing and advocacy programs empower low-income residents through a range of environmental, accountable development, social justice and tenant rights campaigns. Fac leads and participates in local, city and statewide campaigns, and advocates at the federal level for policy changes. Campaigns empower traditionally marginalized groups, such as rent stabilized and public housing residents, and immigrants. In FY25, these programs helped 158 tenants avoid eviction. Fac also continued its leadership of local environmental and climate justice and accountable…

$3.7M all other programs (line 4d)

Highest reported compensation

FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
EXECUTIVE DIRECTOR
Officer, 30.00 hrs/week
$278,652$0$11,580$290,232
DIRECTOR OF FINANCE & IT
Officer, 34.50 hrs/week
$204,727$0$23,500$228,227
DIR. OF HOUSING DEVELOPMEN
Highest compensated employee, 34.50 hrs/week
$187,850$0$29,404$217,254
DIR. OF EXTERNAL AFFAIRS &
Highest compensated employee, 34.50 hrs/week
$140,589$0$51,331$191,920
REAL ESTATE CONTROLLER
Highest compensated employee, 34.50 hrs/week
$127,420$0$26,624$154,044
DIRECTOR OF PROGRAMS
Highest compensated employee, 34.50 hrs/week
$139,515$0$13,958$153,473
DIR. OF ASSET & PROP. MGMT
Highest compensated employee, 34.50 hrs/week
$146,746$0$5,812$152,558

13 people received more than $100,000 in reportable compensation from Fifth Avenue Committee (Part VII, line 2). Compensation of current officers, directors and key employees totaled $613K (Part IX, line 5).

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$5.0M$10M$15M$20MFY2020FY2021FY2022FY2023FY2024FY2025$11M$11M
FilingRevenueExpensesProgramsNet assetsTop pay
FY2025 ⓘ$11M$11M87.9%$7.4M$290,232
FY2024 ⓘ$11M$9.8M85.1%$7.2M$255,466
FY2023 ⓘ$9.7M$9.0M87.5%$6.2M$243,874
FY2022 ⓘ$8.8M$7.7M81.1%$5.5M$257,717
FY2021 ⓘ$7.9M$7.1M81.8%$4.4M$252,025
FY2020 ⓘ$7.4M$7.1M82.2%$3.6M$243,422

Governance answers, as filed

FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means
  • Voting board members, and how many are independent Part VI, lines 1a–1b13 · 13 independent
  • Audited financial statements Part XII 2bYes
  • Conflict-of-interest policy Part VI 12aYes
  • Whistleblower policy Part VI 13Yes
  • Document retention policy Part VI 14Yes
  • Independent process for top executive pay Part VI 15aYes
  • Board given the 990 before filing Part VI 11aYes
  • Family or business ties among insiders Part VI 2No
  • Aware of a significant diversion of assets Part VI 5No
  • Excess benefit transaction with an insider Part IV 25aNo
  • Loans to or from insiders outstanding Part IV 26No
  • Lobbying, or a 501(h) election in effect Part IV 4Yes
  • Over $15,000 of professional fundraising services Part IV 18No
  • Over $10,000 of activity outside the U.S. Part IV 14bNo
  • Employees Part I, line 5113
  • Volunteers Part I, line 640

Largest outside contractors

FY2025 · Form 990, Part VII, Section B · businesses only
PEOPLES COMPUTER SERVICES INC
Information technology
$281,013

Individuals listed as contractors are left out. 1 contractors were paid more than $100,000 in all.

Private foundation grants it received

11 private foundations reported grants to Fifth Avenue Committee totaling $486K on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.

Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.

Correct a figure or respond

Every number above is copied from Fifth Avenue Committee's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Fifth Avenue Committee, you can publish a response that is linked from this page.

Similar-sized charities in this cause

All unclassified charities · Largest charities in New York

Questions people ask

How much of Fifth Avenue Committee's spending goes to programs?

In the fiscal year ending June 30, 2025, Fifth Avenue Committee reported that 87.9% of its $10.6 million in expenses went to program services, 7.3% to management and general and 4.8% to fundraising (Form 990, Part IX).

How much does Fifth Avenue Committee pay its top executive?

The largest total compensation Fifth Avenue Committee reported for one person in the fiscal year ending June 30, 2025 was $290,232, for the role of EXECUTIVE DIRECTOR (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Fifth Avenue Committee get its money?

Of $10.8 million in revenue in the fiscal year ending June 30, 2025, 58.4% came from contributions and grants (including 33.8% from government grants) and 37.8% from program service revenue (Form 990, Part VIII).

Is Fifth Avenue Committee a registered charity?

The IRS lists EIN 11-2475743 as a 501(c)(3) organization (publicly supported organization (170(b)(1)(a)(vi))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

  • FY2025: Form 990 for the fiscal year ending June 30, 2025, object 202641279349304469 · read the filing
  • FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202531349349311498 · read the filing
  • FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202421319349300402 · read the filing
  • FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202301289349303720 · read the filing
  • FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202201129349301600 · read the filing
  • FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202121309349303312 · read the filing

All filings for EIN 11-2475743: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.