Lantern Community Services
Lantern Community Services reported $38.9 million in revenue and $38.8 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $81.82 went to program services, $17.98 to management and general costs and $0.20 to fundraising. Its largest source of revenue was contributions and grants: 99.2% of the total. Government grants made up 99.1%. The highest compensation it reported for one person was $355,910 (EXECUTIVE DIRECTOR). 11 people received more than $100,000 in reportable compensation. Revenue rose 66% 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 $39MFor 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 $39MThe 990 scorecard · same measures for every charity, no grades
| Measure | FY2025 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 81.8% | 87.5% |
| Management & general Part IX 25(C) ÷ 25(A) | 18.0% | 10.5% |
| Fundraising Part IX 25(D) ÷ 25(A) | 0.2% | 0.0% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.00 | $0.01 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 99.2% | 17.0% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 99.1% | 1.0% |
| Program service revenue share Part VIII 2g ÷ 12 | 0.0% | 66.2% |
| Highest reported compensation Part VII-A, columns D–F | $355,910 | $300,863 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 0.92% | 1.57% |
| People paid over $100,000 Part VII, line 2 | 11 | 5 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 0.9 | 10.0 |
| Independent voting board members Part VI 1a–1b | 7 of 7 | 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 expenseLantern Community Services (lantern) creates pathways to stability for new yorkers impacted by homelessness. To support individuals and families in securing and maintaining stable housing, we provide supportive housing, emergency shelter, and wraparound services in 20 sites across manhattan, the bronx, brooklyn, and queens. Across all residences, our wraparound services help those we serve move forward from homelessness and build a foundation for lasting independence.(continued on schedule o)1. Supportive housing:located across manhattan, brooklyn, and the bronx, lantern operates 17…
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 |
|---|---|---|---|---|
| EXECUTIVE DIRECTOR Officer, 35.00 hrs/week | $319,756 | $0 | $36,154 | $355,910 |
| CFAO Officer, 35.00 hrs/week | $236,089 | $0 | $16,433 | $252,522 |
| CHIEF PROGRAM OFFICER Key employee, 35.00 hrs/week | $187,126 | $0 | $18,564 | $205,690 |
| CHIEF STRAT. & INNOV. OFC Key employee, 35.00 hrs/week | $168,350 | $0 | $36,400 | $204,750 |
| MANAGER OF FINANCIAL REPORTING Highest compensated employee, 35.00 hrs/week | $119,181 | $0 | $4,750 | $123,931 |
| ASSISTANT VICE PRESIDENT Highest compensated employee, 35.00 hrs/week | $106,368 | $0 | $13,809 | $120,177 |
| VICE PRESIDENT, SUPPORTIVE HOUSING Highest compensated employee, 35.00 hrs/week | $112,909 | $0 | $7,056 | $119,965 |
| VICE PRESIDENT OF OPERATIONS Highest compensated employee, 35.00 hrs/week | $101,782 | $0 | $15,937 | $117,719 |
11 people received more than $100,000 in reportable compensation from Lantern Community Services (Part VII, line 2). Compensation of current officers, directors and key employees totaled $1.1M (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–1b7 · 7 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 4No
- 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 5363
- Volunteers Part I, line 67
Largest outside contractors
FY2025 · Form 990, Part VII, Section B · businesses only| EXCEL GUARD CORP Security service | $3,015,648 |
| ALLIED UNIVERSAL SECURITY SERVICES Security service | $2,397,359 |
| AZURE PROTECTIVE SERVICES LLC Security services | $2,385,232 |
| NCHENG LLP Financial management, advisory & audit s | $1,052,936 |
| HEALTHY HEART FOODS Meals service | $1,032,683 |
Individuals listed as contractors are left out. 18 contractors were paid more than $100,000 in all.
Private foundation grants it received
3 private foundations reported grants to Lantern Community Services totaling $420K 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 Lantern Community Services's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Lantern Community Services, you can publish a response that is linked from this page.
Share or embed this breakdown
Of every $100 Lantern Community Services spent in FY2025, $81.82 went to programs. The full breakdown, from its IRS Form 990:
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Similar-sized charities in this cause
- New Hope Community CapitalBoston, MA · revenue $39M · programs 99.2% · 2024
- The ARC Ocean County ChapterBrick, NJ · revenue $39M · programs 91.1% · FY2025
- Blanchard Valley Continuing CARE ServicesFindlay, OH · revenue $39M · programs 81.3% · 2024
- Federation of Appalachian Housing EnterprisesBerea, KY · revenue $39M · programs 92.0% · FY2025
- Burbank Housing CorporationBurbank, CA · revenue $38M · 2025
All housing & shelter charities · Largest charities in New York
Questions people ask
How much of Lantern Community Services's spending goes to programs?
In the fiscal year ending June 30, 2025, Lantern Community Services reported that 81.8% of its $38.8 million in expenses went to program services, 18.0% to management and general and 0.2% to fundraising (Form 990, Part IX).
How much does Lantern Community Services pay its top executive?
The largest total compensation Lantern Community Services reported for one person in the fiscal year ending June 30, 2025 was $355,910, for the role of EXECUTIVE DIRECTOR (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Lantern Community Services get its money?
Of $38.9 million in revenue in the fiscal year ending June 30, 2025, 99.2% came from contributions and grants (including 99.1% from government grants) and 0.0% from program service revenue (Form 990, Part VIII).
Is Lantern Community Services a registered charity?
The IRS lists EIN 13-3910692 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 202640579349300219 · read the filing · XML
- FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202541039349300509 · read the filing
- FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202411279349302471 · read the filing
- FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202321329349301387 · read the filing
- FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202211109349300801 · read the filing
- FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202131309349300248 · read the filing
All filings for EIN 13-3910692: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.