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PeerBasis
Compensation Comparability Determination

Blankets Of Hope Inc

Executive Director / CEO

EIN 841730702
NY · NTEE P85
FY ending 2024-12-31
June 9, 2026

This analysis benchmarks the total compensation of Nicholas Fiorito, Executive Director / CEO ($65,385) against every comparable organization that fit the selection criteria — 63 in total — drawn systematically from IRS Form 990 filings, not a hand-picked subset.

Compensation sits at approximately the 71st percentile of comparable organizationswithin the typical range

Benchmarked executive: Nicholas Fiorito — reported title “PRESIDENT & CEO”, a direct title match to the Executive Director / CEO role.

How comparable organizations were selected

63 organizations qualified on sector, size, and geography 63 within the band form the benchmarked peer set.

Distribution of comparable compensation

$5,236 total compensation of comparable organizations → $110,700 $65,385
$18,94810th
$32,73925th
$57,388Median
$70,26275th
$90,43290th
$65,385This org · 71st
p10$18,948
p25$32,739
p50$57,388
p75$70,262
p90$90,432
$65,385

Comparable organizations

Each figure is Form 990 Part VII columns D + F (reportable pay plus other compensation and benefits; column F may include amounts from related organizations), normalized to NY cost of living (BEA RPP, 2023) and to its filing year (CPI-U); the reported amount is on each linked 990.

OrganizationStateRevenueMatched titleComp
(reported)
Comp
(adjusted)
FY
Lee County Homeless Coalition Inc FL$266,454 Former Executive Director $70,327 $75,272 2023
Streetlives Inc NY$273,779 Executive Dir. $70,000 $70,000 2024
Homemade Hope For Homeless Children TX$274,764 Exec. Director $86,536 $98,624 2023
Dignity Project CO$263,060 Ceo $74,800 $79,374 2024
Love-a-child Missions CA$261,556 Secretary Treas $5,479 $5,236 2024
Community On The Rise AL$277,666 Executive Di $86,658 $103,604 2024
Hands And Feet Foundation FL$258,760 President $80,740 $83,938 2024
Canopy Young Adult Community House Inc KY$281,396 Board Chair $50,000 $61,204 2023
Second Chances Inc MA$255,587 Ceo President $106,575 $105,984 2024
Matsu Valley Interfaith Hospitality Network AK$283,770 Executive Director $52,685 $57,388 2023
Weaver Foundation WA$250,008 Executive Director $72,324 $73,774 2023
Family Promise Of Mid Michigan MI$288,472 Executive Director $56,160 $66,044 2023
A New Beginning For Women And Children KY$289,579 Director $40,000 $48,962 2023
The Samaritan Well Inc IL$248,473 Executive Director $56,661 $60,056 2025
Ncompass OR$246,301 Executive Dir. $34,670 $36,683 2023
Residency CA$293,428 Ceo $52,367 $50,042 2024
Gather Make Shelter OR$296,091 Executive Dir. $55,000 $58,193 2023
New Beginning Center CA$296,616 Ceo $66,738 $63,775 2024
Family Promise Of Greater Chattanooga TN$240,312 Executive Director (Ended July 2025) $47,572 $55,338 2024
Henderson County Homeless Ministry TX$239,860 Executive Dir. $21,500 $24,503 2023
New Futures Inc AL$237,789 Executive Director $53,700 $64,201 2024
Boxes Of Love For The Homeless NH$302,994 President (1 $23,400 $24,617 2023
Shelter Tech CA$231,418 Co - Executive Director $80,000 $76,448 2024
People Helping People In Hernando County Inc FL$307,245 Executive Director $39,814 $42,614 2023
Dandelion House OR$230,189 President $11,470 $11,788 2024

Comp (reported) is the figure on each organization's Form 990 (columns D + F); Comp (adjusted) normalizes it to NY cost of living and 2024 dollars. Click any organization to verify the figure on ProPublica.

Methodology

Comparable organizations were drawn from electronically filed IRS Form 990 returns and matched on sector (NTEE code), budget (a size-adaptive revenue band that tightens as the organization grows), and geography (same-state first, broadening only when too few peers qualify); every organization within the band forms the peer set. To compare fairly across regions and years, peer compensation is normalized to NY cost of living (BEA Regional Price Parities, 2023) and to the subject's filing year (CPI-U). The figure benchmarked is Form 990 Part VII, Section A, columns D + F — reportable pay plus other compensation, benefits, and deferred amounts (column F may include amounts from related organizations) — with the chief executive matched by role. Related-organization amounts (column E) and institutional trustees are excluded. Full methodology: peerbasis.org/methodology.

Sample, role match & sensitivity

Sensitivity — the subject's percentile under alternative compensation definitions:

BasisSubject percentile
Total compensation (D + F), cost-of-living + inflation adjusted — the PeerBasis default71st
Total compensation (D + F), as reported (no adjustments)73rd
Reportable pay only (column D), adjusted75th
All sources (D + E + F), adjusted70th

If the percentile moves materially across these definitions, the result is sensitive to methodology choices, and the board should weigh which basis best fits its facts.

Rebuttable presumption of reasonableness · 26 CFR 53.4958-6

Compensation paid by a tax-exempt organization is presumed reasonable — shifting the burden to the IRS — when three requirements are met. This report supplies the comparability data for the second. The board should record the following in its minutes concurrently with its decision:

Draft board minutes — executive compensation

  1. The compensation of the Executive Director / CEO (Nicholas Fiorito) was approved in advance by [the Board / Compensation Committee], composed of members with no conflict of interest with respect to the arrangement.
  2. Prior to its determination, the authorized body obtained and relied upon appropriate comparability data, namely the PeerBasis Compensation Comparability Determination dated June 9, 2026, comparing compensation against 63 similarly situated organizations (Same NTEE sector (P85), nationwide + budget 0.67–1.5× revenue).
  3. The authorized body determined that total compensation of $65,385 is reasonable (approximately the 71st percentile of comparable organizations) and documented the basis for this determination concurrently, on [date], by a vote of [__ for / __ against].

Sources: IRS Form 990 e-file data (apps.irs.gov); IRS Business Master File (NTEE classification). Every figure traces to an original public filing — click any organization above to verify it on ProPublica. PeerBasis is a service of Prismind Analytics; its methodology is published, was commissioned for independent adversarial review, and discloses its own limitations. This report is comparability data to support a board's good-faith determination under IRC 4958; it is not legal or tax advice. Generated by PeerBasis on June 9, 2026.