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Washington · Public charity

Homesight

HOMESIGHT creates affordable homeownership opportunities through its homebuyer education and lending programs. These programs primarily serve low and moderate income, firsttime homebuyers in seattle, king, pierce, and snohomish counties, and support local businesses. HOMESIGHT is a community development financial institution, certified…

$698k
Granted FY2023
6
Itemized grants FY2023
6
Organizations funded FY2023
33%
First-time grantees FY2023
Read the full brief
Itemized, FY2023
$682k
The rest is grants the schedule does not break out
Median grant, FY2023
$90,000
Largest grant, FY2023
$278,930
Organizations funded a year
2 to 6
FY2018 to FY2023
States reached, FY2023
1
Total assets, FY2023
$68M

How open it is to new grantees

In FY2023, 33% of the organizations Homesight funded were first-time grantees, receiving 14% of its grant dollars.

New vs renewed · share of each year

In FY2023, 86% of grant dollars renewed an existing relationship; $98k went to new ones.

50%100%’20’21’22’23
RenewedFirst-time

Where new relationships form · theme of each grantee’s first grant

’20’21’22’23
Human ServicesEducationArts & CultureCommunity ImprovementEnvironmentOther
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 yearOrganizations fundedTo those organizationsFirst-time grantees
FY20236$682k33%
FY20224$597k0%
FY20216$858k33%
FY20205$520k100%
FY20182$16kn/a
100% classified

What it funded, over time

Every grant placed by its stated purpose and the recipient’s mission, by year, FY2018 to 2023.

Employment$1.4MHuman Services$814kArts & Culture$289kCommunity Improvement$117kEnvironment$90k

Top grantees

Largest recipients by total granted, FY2018 to FY2023, and the share of each one’s budget the grants supplied at peak.

Plus 1 recipient with no EIN on record ($8k), not named here.

Where it is load-bearing

Each grantee by its size and the share of its budget Homesight supplied at peak.

25%50%75%100%$100k$1.0M$10Mgrantee revenue →↑ funder's share of their budgetLiteracy Source a Community Learning Center: $931,433 over 4y, 24% of budgetAsian Counseling and Referral Service: $804,815 over 4y, 0.7% of budgetNorthwest Film Forum: $288,758 over 2y, 20% of budgetSomali Community Services of Seattle: $226,354 over 4y, 21% of budgetNeighborhood House INC: $207,250 over 3y, 0.3% of budgetRainier Beach Cummunity Empowerment Coalition: $92,792 over 1y, 3.8% of budgetFront and Centered: $90,000 over 1y, 3.5% of budgetKandelia: $9,000 over 1y, 0.6% of budgetRainier Chamber Foundation: $6,080 over 1y, 16% of budget

Tap a dot to name the grantee.

How this is measured
Share of budget is the funder’s grant in a year over the grantee’s total revenue that year, at its highest across the years we hold; revenue is from all sources. Only grantees confirmed against their own filings, whose grants do not exceed their revenue, are plotted: the largest 9.

Co-funders

Grantmakers whose grantees overlap with this funder’s far more than size alone predicts. Closer means stronger alignment; arcs show where they also fund each other. Here they form a tightly interlocked group: most of these funders back each other's grantees too.

Seattle FoundationWA21× affinity8 shared granteesties to 8 of 8Hover any node to trace its alignments.Compare side by side →

Open a dossier: Seattle Foundation · Inatai Foundation · Stolte Family Foundation · The Satterberg Foundation Inc · United Way of King County · Gates Foundation · American Online Giving Foundation Inc · Fidelity Investments Charitable Gift Fund · Amazonsmile Foundation

How this is measured
Affinity is a Gamma-Poisson posterior co-funding rate, re-centered on the typical rate, so thin evidence shrinks toward no signal. Overlap is association, not proof of shared intent.

Compare Homesight with peer funders

About Homesight

How much does Homesight give?
Homesight reported 6 itemized grants totaling $682,313, out of $698,015 in total grant expense reported on the return in its FY2023 IRS filing. It funded between 2 and 6 organizations a year over FY2018 to FY2023.
What does Homesight fund?
By grant dollars over FY2018 to FY2023, its largest causes are Employment (51%), Human Services (30%), Arts & Culture (11%).
Who are Homesight's largest grantees?
By total granted over FY2018 to FY2023: Literacy Source a Community Learning Center ($931k), Asian Counseling and Referral Service ($805k), Northwest Film Forum ($289k).
Does Homesight fund new organizations?
In FY2023, 33% of the organizations it funded were first-time grantees.
Which funders back the same organizations as Homesight?
Its strongest co-funders, measured against what their size predicts, include Seattle Foundation, Inatai Foundation, Stolte Family Foundation.
Where is Homesight based?
Homesight is based in WA.

On method. Every financial figure here is read from IRS e-file XML, the funder’s own 990/990-PF, and from the multi-year returns of the 11 grantees we resolved, each linked to its source. Grantee outcomes are each organization’s own program-service reporting (Form 990, Part III), read as association with funding, never as caused by it. Low-confidence name matches are suppressed rather than guessed. How we build these →

How this is measured
Each figure carries one of six labels. Filed is what the funder reported on its return. Official is another government record about an organization, such as a federal award or a charity register, joined by name where no shared identifier exists. Resolved is an identity we worked out where the filing named a recipient without an EIN, kept only above a measured confidence threshold. Computed is arithmetic over those, like themes, portfolio clusters and co-funder strength. Context is a statistic about a place rather than about an organization, which is what the need overlay is: it describes the area a grantee’s address sits in, not where its work lands. Inferred is drawn by a model from text, like the partnerships read out of public news and organization websites. Each is labeled where it appears.

Generated from the IRS Form 990 e-file return for fiscal year 2023, released 2023. Filings run roughly 12 to 24 months behind; figures are dated accordingly.

Possibly out of date. A more recent filing (FY2024) is on record and reports $5k of grant expense, but none of it to a named recipient. On a Form 990 that can mean grants abroad, filed by region only (Schedule F), grants under $5,000, which are not itemized, or a schedule referenced as an attachment the e-file does not carry. The figures above are therefore from FY2023, the most recent year this funder named its grantees.

Source object · view filing

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