The Doe Fund
The Doe Fund reported $68.2 million in revenue and $68.4 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $83.55 went to program services, $15.13 to management and general costs and $1.32 to fundraising. Its largest source of revenue was contributions and grants: 75.6% of the total. Government grants made up 63.1%. The highest compensation it reported for one person was $1,000,000 (FMR PRES/CEO TO 10/22). 24 people received more than $100,000 in reportable compensation. Revenue rose 4% 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 $68MFor context, the median across 933 covered housing & shelter charities: $89.27 programs, $10.73 management, $0.00 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 $68M- Contributions & grants (non-government)$12.45 $8.5M
- Government grants$62.98 $43M
- Program service revenue$24.40 $17M
- Other revenue$0.17 $114K
Investment income was negative: −$140K. The bar shows the positive sources only.
The 990 scorecard · same measures for every charity, no grades
| Measure | FY2025 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 83.6% | 87.5% |
| Management & general Part IX 25(C) ÷ 25(A) | 15.1% | 10.5% |
| Fundraising Part IX 25(D) ÷ 25(A) | 1.3% | 0.0% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.02 | $0.01 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 75.6% | 17.0% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 63.1% | 1.0% |
| Program service revenue share Part VIII 2g ÷ 12 | 24.4% | 66.2% |
| Highest reported compensation Part VII-A, columns D–F | $1,000,000 | $300,863 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 1.46% | 1.57% |
| People paid over $100,000 Part VII, line 2 | 24 | 5 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 12.3 | 10.0 |
| Independent voting board members Part VI 1a–1b | 10 of 11 | 100.0% |
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 expenseSee schedule othe Doe Fund operates ready, willing & able (rwa), a transitional workforce development and housing program serving new yorkers experiencing homelessness, including many with histories of incarceration. The program combines paid transitional work, career training, transitional housing, and comprehensive supportive services, with the goal of securing permanent employment and housing. Through structured, paid work assignments in the Doe Fund's social enterprises, participants gain real-world job experience while building work readiness skills and establishing a record of…
Highest reported compensation
FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| FMR PRES/CEO TO 10/22 Former, 0.00 hrs/week | $1,000,000 | $0 | $0 | $1,000,000 |
| PRESIDENT/CEO, BOARD DIRECTOR Director/trustee, officer, 32.00 hrs/week | $385,000 | $0 | $17,176 | $402,176 |
| EVP OF REAL ESTATE Officer, 35.25 hrs/week | $339,645 | $0 | $42,974 | $382,619 |
| CFAO Officer, 30.00 hrs/week | $321,744 | $0 | $56,299 | $378,043 |
| VP OF HOUSING DEVELOPMENT Highest compensated employee, 40.00 hrs/week | $295,666 | $0 | $43,323 | $338,989 |
| VP OF FINANCE Highest compensated employee, 40.00 hrs/week | $230,334 | $0 | $55,425 | $285,759 |
| SVP OF PROGRAMS Key employee, 40.00 hrs/week | $241,862 | $0 | $41,495 | $283,357 |
| SVP OF EXTERNAL AFFAIRS Highest compensated employee, 40.00 hrs/week | $187,698 | $0 | $21,558 | $209,256 |
24 people received more than $100,000 in reportable compensation from The Doe Fund (Part VII, line 2). Compensation of current officers, directors and key employees totaled $1.6M (Part IX, line 5).
6 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance 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–1b11 · 10 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 5790
- Volunteers Part I, line 6100
Largest outside contractors
FY2025 · Form 990, Part VII, Section B · businesses only| LANGSAM PROPERTY SERVICES Property management | $762,938 |
| COMPASSPOINT COMMUNITY PARTNERS LLC Tenant relocation and cleaning | $576,947 |
| SOUTH BRONX RESTORATION LLC Building maintenance services | $470,301 |
| BAKER TILLY US LLP Audit & tax services | $344,138 |
| COHN REZNICK Audit & tax services | $255,046 |
Individuals listed as contractors are left out. 13 contractors were paid more than $100,000 in all.
Private foundation grants it received
125 private foundations reported grants to The Doe Fund totaling $1.7M 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 The Doe Fund's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for The Doe Fund, you can publish a response that is linked from this page.
Share or embed this breakdown
Of every $100 The Doe Fund spent in FY2025, $83.55 went to programs. The full breakdown, from its IRS Form 990:
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Similar-sized charities in this cause
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- Rth Mission Park Realty CorporationBoston, MA · revenue $68M · programs 91.4% · 2025
- Archdiocesan Housing AuthoritySeattle, WA · revenue $67M · programs 90.7% · FY2025
All housing & shelter charities · Largest charities in New York
Questions people ask
How much of The Doe Fund's spending goes to programs?
In the fiscal year ending June 30, 2025, The Doe Fund reported that 83.6% of its $68.4 million in expenses went to program services, 15.1% to management and general and 1.3% to fundraising (Form 990, Part IX).
How much does The Doe Fund pay its top executive?
The largest total compensation The Doe Fund reported for one person in the fiscal year ending June 30, 2025 was $1,000,000, for the role of FMR PRES/CEO TO 10/22 (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does The Doe Fund get its money?
Of $68.2 million in revenue in the fiscal year ending June 30, 2025, 75.6% came from contributions and grants (including 63.1% from government grants) and 24.4% from program service revenue (Form 990, Part VIII).
Is The Doe Fund a registered charity?
The IRS lists EIN 13-3412540 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 202631349349311918 · read the filing
- FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202511349349303311 · read the filing
- FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202441359349311364 · read the filing
- FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202331359349305603 · read the filing
- FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202201329349304125 · read the filing
- FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202111339349303496 · read the filing
All filings for EIN 13-3412540: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.