North Carolina · Public charity
DHIC Inc
To build, promote, and preserve affordable housing for low and moderate income persons
- $38k
- Granted FY2024(still arriving)
- 3
- Itemized grants FY2024
- 3
- Organizations funded FY2023
- 67%
- First-time grantees FY2023
- Itemized, FY2024
- $29k
- The rest is grants the schedule does not break out
- Median grant, FY2024
- $10,824
- Largest grant, FY2024
- $12,290
- Organizations funded a year
- 1 to 3
- FY2018 to FY2023
- States reached, FY2024
- 1
- Total assets, FY2024
- $54M
How open it is to new grantees
In FY2023, 67% of the organizations DHIC Inc funded were first-time grantees, receiving 62% of its grant dollars.
New vs renewed · share of each year
In FY2023, 38% of grant dollars renewed an existing relationship; $28k went to new ones.
RenewedFirst-time
Where new relationships form · theme of each grantee’s first grant
Housing & ShelterOther
How this is measured
First-time means a grantee’s first year in the filing window; renewed means funded in an earlier year too. The renewed share climbs naturally as a portfolio matures, so the signal is a year that bucks it (a wave of new grantees). The earliest year is left-censored: relationships that predate the data read as new. Theme is the grantee’s IRS cause.
The numbers by year
| Fiscal year | Organizations funded | To those organizations | First-time grantees |
|---|---|---|---|
| FY2024still arriving | 3 | $29k | 33% |
| FY2023 | 3 | $45k | 67% |
| FY2022 | 3 | $35k | 100% |
| FY2018 | 1 | $75k | n/a |
100% classified
What it funded, over time
Every grant placed by its stated purpose and the recipient’s mission, by year, FY2018 to 2024.
Housing & Shelter$184k
Top grantees
Largest recipients by total granted, FY2018 to FY2024, and the share of each one’s budget the grants supplied at peak.
| Grantee | Total granted | Years | Share of their budget |
|---|---|---|---|
| Bay River Housing | $75,000 | 1 | n/a |
| Beacon Ridge LLC | $49,464 | 3 | n/a |
| Washington Terrace Affordable Hosuing LLC | $23,116 | 2 | n/a |
| The Housing Partnership Network Inc | $17,500 | 1 | 0% |
| Brookridge Housing LLC | $7,200 | 1 | n/a |
| Community Revitalization & Preservation Corporation | $6,480 | 1 | 0% |
| Tryon Grove LLC | $5,596 | 1 | n/a |
About DHIC Inc
- How much does DHIC Inc give?
- DHIC Inc reported 3 itemized grants totaling $28,710, out of $38,160 in total grant expense reported on the return in its FY2024 IRS filing. It funded between 1 and 3 organizations a year over FY2018 to FY2023.
- What does DHIC Inc fund?
- By grant dollars over FY2018 to FY2024, its largest causes are Housing & Shelter (100%).
- Who are DHIC Inc's largest grantees?
- By total granted over FY2018 to FY2024: Bay River Housing ($75k), Beacon Ridge LLC ($49k), Washington Terrace Affordable Hosuing LLC ($23k).
- Does DHIC Inc fund new organizations?
- In FY2023, 67% of the organizations it funded were first-time grantees.
- Where is DHIC Inc based?
- DHIC Inc is based in NC.
Play a game based on DHIC’s filings →
More from the funding graph
The unnamed billions
grants reported with no recipient in the public record
The regranting layer
51% of grant dollars land in the regranting layer
The DAF merry-go-round
$9.7B circulates between donor-advised funds
The endowment market
who holds foundation money, and what just moved
The camps
funders cluster by geography, not ideology
By state
where grant money is based, and what stays home