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· Public charity

Homesight

HOMESIGHT creates affordable homeownership opportunities through its homebuyer education and lending programs.

$698k
Granted FY2023
6
Grants FY2023
1
States reached
$279k
Largest
01What it funds
01100% 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
02FY2023 · 6 grants

Where the money goes

Grants by size, and the largest recipients.

How this is measured
The 6 grants below total $682,313, the rows itemized in this filing. The $698,015 headline is the total grant expense on the return; the other $15,702 is giving the schedule does not break out (grants under the $5,000 itemization floor, grants to individuals, grants on other schedules). Every figure below describes the itemized rows only.

By grant size · FY2023

  • Under $10k1 grant · $8k
  • $10k–50k1 grant · $50k
  • $50k–250k3 grants · $345k
  • $250k+1 grant · $279k
$90,000
Median grant
1
States reached
$68M
Total assets
Largest grants
RecipientAmount
LITERACY SOURCE$278,930
ASIAN COUNSELING & REFERRAL SERVICE$190,000
FRONT AND CENTERED$90,000
NEIGHBORHOOD HOUSE$65,393
SOMALI COMMUNITY SERVICES OF SEA$49,990
LEWIS MILLER LLC DBA COMFORT ZONE$8,000
02The need
03

Does the money reach high-need areas?

Each grant placed by the hardship in its grantee’s ZIP, against the area’s typical level.

show:

Its human-services grants (FY20–23, $1.2M) land where the poverty rate runs at 9%, against an area that typically sits at 7%. 100% of those dollars go to grantees based in above-average-need neighborhoods. Most of its grants land in higher-need ZIPs.

area typical 7%ASIAN COUNSELING & REFERRAL SERVICE: $225k → 9%ASIAN COUNSELING & REFERRAL SERVICE: $197k → 9%ASIAN COUNSELING & REFERRAL SERVICE: $194k → 9%ASIAN COUNSELING & REFERRAL SERVICE: $190k → 9%NEIGHBORHOOD HOUSE: $73k → 9%NEIGHBORHOOD HOUSE: $69k → 9%NEIGHBORHOOD HOUSE: $65k → 9%SOMALI COMMUNITY SERVICES OF SEA: $98k → 9%SOMALI COMMUNITY SERVICES OF SEA: $50k → 9%SOMALI COMMUNITY SERVICES OF SEA: $43k → 9%SOMALI COMMUNITY SERVICES OF SEA: $36k → 9%KANDELIA: $9k → 9%0%20%40%50%more need →
grant to an above-average-need area below average· circle size = grant amount
How this is measured
Matched: human-services grants are those whose grantee’s IRS cause code is Human Services. Placed by people below the poverty line in the grantee’s ZIP, averaged from the tracts in that ZIP.
How this is measured
US grants placed by each grantee’s ZIP, which can differ from where services are delivered. Need from public data (U.S. Census/ACS, CDC PLACES, Eviction Lab, USDA), shown as context about the area, never attributed to the funder’s giving.
03Its grantees
repeat funding

Who it funds again

Organizations funded in more than one year, against those funded once.

92%of every dollar goes to organizations it has funded before.
$2.5M · 5 repeat orgs$216k to everyone else

Grantees it renews have grown median revenue +44% since the first grant, against +30% for those funded once.

5 repeat relationships: 4 still active in FY2023, 1 since wound down; 2 grantees were first funded in FY2023 (too recent to call).

How the two cohorts compare

Re-uppedFunded once

Organizations

5
4

Total granted

$2.5M
$118k

Median revenue growth · since first grant

+44%
+30%

Still filing today

100%
75%

New vs renewed · share of each year

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

50%100%’18’20’21’22’23
RenewedFirst-time

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

’18’20’21’22’23
Human ServicesCommunity ImprovementEducationArts & CultureEnvironmentOther
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.

Backed again, and grew

  • LS
    LITERACY SOURCE A COMMUNITY LEARNING CENTER
    4× · 2020–2023 · $931k · revenue +97%
  • AC
    ASIAN COUNSELING AND REFERRAL SERVICE
    4× · 2020–2023 · $805k · revenue +27%
  • NF
    NORTHWEST FILM FORUM
    2× · 2020–2021 · $289k · revenue +53%

Funded once

  • RB
    Rainier Beach Cummunity Empowerment Coalitiongraduated
    one grant, 2021 · $93k · revenue +30%
  • SE
    SOUTHEAST EFFECTIVE DEVELOPMENTgraduated
    one grant, 2018 · $10k · revenue +325%
  • K
    KANDELIA
    one grant, 2020 · $9k · revenue -29%
How this is measured

Repeat means funded in two or more distinct years. Growth and survival are read from each grantee’s own subsequent IRS filings.

04Its field

Closest unfunded matches

The nonprofits that most resemble its grantees but are not funded by it, scored along the direction from the rest of the field toward the portfolio. A resemblance in what they say they do, not a recommendation.

1
Washington Ethnic Studies Now

Washington Ethnic Studies Now WAESN is a multigenerational majority POC-led nonprofit advancing Ethnic Studies and racial justice in Washington. We center people of color build youth-centered leadership and learning and organize…

Education
2
Community Credit Lab

To support equitable access to economic opportunities for immigrants, refugees, low-income, marginalized, and underserved communities in king county and the united states.

Human Services
3
Asians for Collective Action

Asians for Collective Action (ACA) harnesses the strenghts of Asians and Asian Americans to drive systemic change to create a just, healthy, and thriving community for all.

Public Benefit
4
Washington Community Alliance

Washington Community Alliance WCA is a statewide network of over 70 organizations working to advance multiracial social democracy by coordinating values aligned civic engagement

Civil Rights
5
Washington Indian Civil Rights Commission

Washington Indian Civil Rights Commission is led by and for Indigenous people, and envisions a just society in which we are treated with honor, fairness and respect. Our mission is to uphold our individual civil rights through education…

Human Services
6
The Alliance for Pioneer Square

Neighborhood revitalization and community economic development within the Pioneer Square district of Seattle

Community Improvement
7
Working Washington

We are workers, united across different industries to improve our working conditions and our lives. We come together as working people to build power through education, organizing, and enforcement. We work to raise and uphold standards in…

—
8
Nw Energy Coalition

The NW Energy Coalition is an alliance of over 100 environmental, civic, and human service organizations, utilities, and businesses in Oregon, Washington, Idaho, Montana, and British Columbia, plus many individual members. The NW Energy…

—
9
Community Cafe Collaborative

Community based work, focused on strengthening families and youth through community cafe sessions.

Public Benefit
10
Seattle Indian Center
Human Services
11
Seattle JazzED

Through Jazz education that liberates and inspires, Seattle JazzED increase access in the music room, celebrates student expression, and builds lasting connection rooted in community.

Arts & Culture
12
Somali Empowerment Circle

Sec provides culturally sensitive mental health resources, connects clients to professionals, offers education, emotional support, promotes maternal health, early childhold outcomes, and advocates for housing security for somali…

Community Improvement
How this is measured
The grantee most central to the portfolio’s shape is Literacy Source a Community Learning Center; the most unlike its peers is Rainier Chamber Foundation. Resemblance is measured on each organization’s own IRS 990 mission text; it reflects how work is described, not its quality or impact.
04the grantee network

10 grantees tracked through their own filings, 2017–2025.

Each grant beside the grantee’s revenue from every source, year by year.

How this is measured

Counted here: distinct organizations funded across 2017 to 2025, not grant rows in a single year, so this will not match the grant count on the cover. 10 of the 11 grantees resolved in that span have returns of their own we could reconcile.

Each grantee is resolved to its own IRS returns. Association, dated; never a causal claim.

0
Load-bearing (≥25% of a budget)
3
Early backer (in before they grew)
9/10
Grantees still filing
8/10
Grew since first funded

Where the money sits, by cause and then by grantee

ASIAN COUNSELING AND REFERRAL SERVICE: $804,815 · Human ServicesASIAN COUNSELING AND REFERRAL SERVICESOMALI COMMUNITY SERVICES OF SEATTLE: $226,354 · Human ServicesSOMALI COMMUNITY SERVICES OF SEATTLENeighborhood House INC: $207,250 · Human ServicesNeighborhood House INC+1 more: $9,000 · Human ServicesLITERACY SOURCE A COMMUNITY LEARNING CENTER: $931,433 · EducationLITERACY SOURCE A COMMUNITY LEARNING CE…NORTHWEST FILM FORUM: $288,758 · Arts & CultureNORTHWEST FI…Rainier Beach Cummunity Empowerment Coalition: $92,792 · Community ImprovementSOUTHEAST EFFECTIVE DEVELOPMENT: $10,200 · Community ImprovementFront and Centered: $90,000 · EnvironmentLEWIS MILLER LLC DBA COMFORT ZONE: $8,000 · OtherRainier Chamber Foundation: $6,080 · Other
Human Services$1,247,419Education$931,433Arts & Culture$288,758Community Improvement$102,992Environment$90,000Other$14,080

Each grantee by its size and the funder’s share of it; top left is load-bearing

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
Grantee by grantee: a decade per organization, before and after funding

A decade per grantee: revenue shaded, grants as bars, all rows on one timeline.

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.

How much its grantees rely on government

Each dot is one organization Homesight funds: left to right is the share of its income from government, bottom to top the share from Homesight. Bigger dots raise more.

2023
’20’21’22’23’24’25
no gov · 00%2%6%14%25%funder's share of their income ↑0%19%38%56%75%share of the org’s income from government →
    no gov moneyreceives it· size = income
    0get no government money at all
    4report government grants on their 990 we could not trace to a source (not plotted)
    0rely on government for over half their income
    ⤢ axis zoomed · 0–75%
    typical government reliance, FY20–25
    How this is measured
    Government income is each org’s traced federal awards (USASpending grants and contracts) plus state payments (open checkbooks) as a share of its total revenue (IRS Form 990); the self-reported government-grant line (990 line 1e) is carried for cross-check: a grantee that reports government grants we could not trace to a source is left off the chart rather than shown as receiving none. An association, not a claim that a grant caused the public funding. Coverage is precision-first, a floor rather than a census; state records exist for 9 states, so a grantee outside them shows no state figure (dimmed) rather than a false zero. Federal award amounts are obligations, which can span years, so a single-year share is indicative. 990 filings lag 12 to 24 months.

    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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