BLANKETS OF HOPE'S MISSION IS TO PROVIDE NEEDED PHYSICAL AND EMOTIONAL SUPPORT TO THE HOMELESS POPULATION. WITH THE HELP OF STUDENTS ACROSS THE COUNTRY AND BEYOND, THE ORGANIZATION DELIVERS PURPLE BLANKETS AND INSPIRATIONAL HANDWRITTEN NOTES TO PEOPLE EXPERIENCING HOMELESSNESS. BLANKETS OF HOPE HELPS FULFILL A BASIC NEED OF SAVING LIVES BY KEEPING PEOPLE WHO LIVE ON THE STREETS WARM DURING THE WINTER MONTHS WHILE ALSO LIFTING THEIR SPIRITS WITH WORDS OF ENCOURAGEMENT.
Executive compensation
Form 990 · Part VII & Schedule J · 2 reported individuals · Filing year 2024
Percentile bands compare each position's total pay with the same role at Human Services organizations in New York.
| Position | Total |
|---|---|
President & CEO 25th percentile to median | $65k $71k |
Treasurer & Secretary Officer (Unspecified) | $65k $71k |
Teal figures restate each filed amount in 2026 dollars.
Estimated with New York-Newark-Jersey City, NY-NJ-PA metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Plus 7 unpaid individuals.
Top pay as a share of expenses
In 2024, the highest total compensation at BLANKETS OF HOPE INC equaled 25% of the organization's total expenses. The median for human services organizations is 8%.
Based on 26,698 human services organizations, each measured at its most recent filing year with reported expenses and compensation.
Funded by
Private foundations whose Form 990-PF Part XV grants matched this organization.
Down 34%
from 2023
From $99k in 2023 to $65k in 2024.
Estimated with New York-Newark-Jersey City, NY-NJ-PA metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Chief Executive Officer pay fell 34% from 2023 to 2024, while revenue fell 7%.
Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.
Among peers
Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.
Common questions about BLANKETS OF HOPE INC
What does the Chief Executive Officer of BLANKETS OF HOPE INC earn?
In 2024, the Chief Executive Officer of BLANKETS OF HOPE INC received $65,385 in total compensation. This pay is below the median (the midpoint) for Chief Executive Officer roles among Human Services organizations in New York, but above the bottom quarter of comparable filings. Based on IRS Form 990 data.
How does Chief Executive Officer pay at BLANKETS OF HOPE INC compare with similar nonprofits?
Compared with the same role at Human Services organizations in New York, the 2024 pay of the Chief Executive Officer at BLANKETS OF HOPE INC falls between the 25th percentile and the median. In 2024, the highest total compensation at BLANKETS OF HOPE INC equaled 25% of the organization's total expenses. The median for human services organizations is 8%.
What are BLANKETS OF HOPE INC's revenue and expenses?
In 2024, BLANKETS OF HOPE INC reported $269k in total revenue and $263k in total expenses on its IRS Form 990.
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