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· Public charity

Institute for Community Economics Inc

To promote the community land trust model of permanent affordable housing, land stewardship and community development through the operation of a revolving loan fund.

$4.4M
Granted FY2024still arriving
7
Grants FY2024still arriving
5
States reached
$2.1M
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 2024.

Housing & Shelter$5.5MCommunity Improvement$18k
02FY2024 · 7 grants

Where the money goes

Grants by size, and the largest recipients.

By grant size · FY2024

  • $10k–50k2 grants · $33k
  • $50k–250k2 grants · $300k
  • $250k+3 grants · $4.1M
$175,000
Median grant
5
States reached
$26M
Total assets
Largest grants
RecipientAmount
AHDC SEMINARY ROAD LLC$2,100,000
DOUGLASS COMMUNITY LAND TRUST$1,725,000
GROUNDED SOLUTIONS NETWORK$250,000
AFRICAN COMMUNITY HOUSING AND DEVELOPMENT$175,000
HOMESTEAD COMMUNITY LAND TRUST$125,000
COLLEGE PARK CITY - UNIVERSITY PARTNERSHIP$18,000
HOUSING ASSOCIATION OF NONPROFIT DEVELOPERS$15,000
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:

Dollar for dollar, its grants (FY18–24) land where the poverty rate runs at 11%, against an area that typically sits at 8%. 100% of its dollars go to grantees based in above-average-need neighborhoods. Most of its grants land in higher-need ZIPs.

area typical 8%GROUNDED SOLUTIONS NETWORK: $250k → 10%NATIONAL HOUSING TRUST: $9k → 14%HABITAT FOR HUMANITY SEATTLE-KING COUNTY: $500k → 9%AHDC SEMINARY ROAD LLC: $2.1M → 9%COLLEGE PARK CITY - UNIVERSITY PARTNERSHIP: $18k → 11%GROUNDED SOLUTIONS NETWORK: $250k → 10%HOUSING ASSOCIATION OF NONPROFIT DEVELOPERS: $15k → 14%AFRICAN COMMUNITY HOUSING AND DEVELOPMENT: $175k → 9%DOUGLASS COMMUNITY LAND TRUST: $1.7M → 14%HOMESTEAD COMMUNITY LAND TRUST: $125k → 9%DOUGLASS COMMUNITY LAND TRUST: $125k → 14%AFRICAN COMMUNITY HOUSING AND DEVELOPMENT: $75k → 9%HOMESTEAD COMMUNITY LAND TRUST: $125k → 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.

52%of every dollar goes to organizations it has funded before.
$2.9M · 4 repeat orgs$2.6M to everyone else

4 repeat relationships: 4 still active in FY2024, 0 since wound down; 3 grantees were first funded in FY2024 (too recent to call).

How the two cohorts compare

Re-uppedFunded once

Organizations

4
2

Total granted

$2.9M
$509k

Median revenue growth · since first grant

-41%
+70%

Still filing today

100%
100%

New vs renewed · share of each year

In FY2024, 52% of grant dollars renewed an existing relationship; $2.1M went to new ones.

50%100%’18’23’24
RenewedFirst-time

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

’18’23’24
Housing & ShelterCommunity ImprovementHealthOther
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

  • DC
    DOUGLASS COMMUNITY LAND TRUST
    2× · 2023–2024 · $1.9M · revenue -57% · 64% of their budget
  • GROUNDED SOLUTIONS NETWORK
    2× · 2023–2024 · $500k · revenue -41%
  • HC
    HOMESTEAD COMMUNITY LAND TRUST
    2× · 2023–2024 · $250k · revenue -47%

Funded once

  • HF
    HABITAT FOR HUMANITY SEATTLE-KING COUNTYgraduated
    one grant, 2023 · $500k · revenue +70%
  • NH
    NATIONAL HOUSING TRUST
    one grant, 2018 · $9k · revenue -59%
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
National Housing Conference Inc

The national housing conference has been defending the american home since 1931. we believe everyone in america should have equal opportunity to live in a quality, affordable home in a thriving community. nhc convenes and collaborates with…

Housing & Shelter
2
Habitat for Humanity of Washington and Dodge Counties Wisconsin Inc

Habitat for humanity of washington dodge counties, wisconsin, inc. is a locally-run affiliate of habitat for humanity international, a nonprofit ecumenical christian housing ministry. habitat for humanity works in partnership with people…

—
3
Housing Development Consortium of Seattle - King County

Promote the long-term availability of affordable housing to low-income persons.

Housing & Shelter
4
Housing Connector

Housing connector partners with property owners and managers to lower barriers to housing and increase our region's affordable housing capacity.

Housing & Shelter
5
The Housing Collective Inc

The housing collective harnesses the power of collective impact to provide access to safe and affordable housing and ensure housing stability for all.

Crime & Legal
6
Habitat for Humanity North Central Connecticut

Hartford area habitat for humanity is dedicated to strengthening communities by empowering low-income families to change their lives and the lives of future generations through homeownership opportunities. this is accomplished by working…

Housing & Shelter
7
Habitat for Humanity of Northern Va

Habitat for humanity of northern virginia brings our community together to build decent, affordable houses - and hope - for people in need. habitat provides a "hand up" to home ownership through sweat equity, donor generosity, volunteer…

—
8
House Our Neighbors

House Our Neighbors envisions a future where all people can afford to live and thrive in vibrant, cohesive, and climate resilient communities. To achieve this, we develop, advocate, and mobilize for policy to realize social housing for the…

—
9
Colorado Community Land Trust Denver Llc

To provide opportunities for low and moderate income people to secure decent affordable housing and to assure quantity, quality and affordability of housing for future low and moderate income individuals.

Philanthropy
10
Long Island Housing Partnership Inc

Long island housing partnership, inc. (lihp) was created to address the need for and to provide affordable housing opportunities on long island for those who are unable to afford homes, through development, technical assistance, mortgage…

Housing & Shelter
11
Community Housing Initiatives Inc

The mission of community housing initiatives, inc. is to leverage and maximize opportunities for vibrant and resilient communities.

Housing & Shelter
12
Housing Unlimited Inc

Housing unlimited, inc. is a non-profit dedicated to providing affordable, permanent housing opportunities and independent living for adults in mental health recovery.

Housing & Shelter
How this is measured
The grantee most central to the portfolio’s shape is Grounded Solutions Network; the most unlike its peers is College Park City- University Partnership Inc. 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

8 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. 8 of the 9 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.

1
Load-bearing (≥25% of a budget)
0
Early backer (in before they grew)
8/8
Grantees still filing
3/8
Grew since first funded

Where the money sits, by cause and then by grantee

AHDC SEMINARY ROAD LLC: $2,100,000 · OtherAHDC SEMINARY ROAD LLCDOUGLASS COMMUNITY LAND TRUST: $1,850,000 · OtherDOUGLASS COMMUNITY LAND TRUSTHABITAT FOR HUMANITY SEATTLE-KING COUNTY: $500,000 · OtherHABITAT FOR HUMANITY SEATTLE-KING COUNTYHOMESTEAD COMMUNITY LAND TRUST: $250,000 · Housing & ShelterHOMESTEAD …AFRICAN COMMUNITY HOUSING & DEVELOPMENT: $250,000 · Housing & ShelterAFRICAN CO…+2 more: $24,000 · Housing & ShelterGROUNDED SOLUTIONS NETWORK: $500,000 · HealthGROUNDED S…COLLEGE PARK CITY- UNIVERSITY PARTNERSHIP INC: $18,000 · Community Improvement
Other$4,450,000Housing & Shelter$524,000Health$500,000Community Improvement$18,000

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

25%50%75%100%$10Mgrantee revenue →↑ funder's share of their budgetDOUGLASS COMMUNITY LAND TRUST: $1,850,000 over 2y, 64% of budgetHABITAT FOR HUMANITY SEATTLE-KING COUNTY: $500,000 over 1y, 1.4% of budgetGROUNDED SOLUTIONS NETWORK: $500,000 over 2y, 2.7% of budgetHOMESTEAD COMMUNITY LAND TRUST: $250,000 over 2y, 1.1% of budgetAFRICAN COMMUNITY HOUSING & DEVELOPMENT: $250,000 over 2y, 1.8% of budgetCOLLEGE PARK CITY- UNIVERSITY PARTNERSHIP INC: $18,000 over 1y, 0.1% of budgetHOUSING ASSOCIATION OF NONPROFIT DEVELOPERS: $15,000 over 1y, 1.4% of budgetNATIONAL HOUSING TRUST: $9,000 over 1y, 0.1% 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.

Local Initiatives Support CorporationNY11.4× affinity4 shared granteesties to 1 of 1Hover any node to trace its alignments.Compare side by side →

Open a dossier: Local Initiatives Support Corporation · Fidelity Investments Charitable Gift Fund

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 Institute for Community Economics Inc funds: left to right is the share of its income from government, bottom to top the share from Institute for Community Economics Inc. Bigger dots raise more.

2024
’20’21’22’23’24’25
no gov · 00%5%19%42%75%funder's share of their income ↑0%25%50%75%100%share of the org’s income from government →median 66%
  • College Park City- University Partnership Inc: 66% of 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)
1rely on government for over half their income
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 9 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 2024, released 2024. Filings run roughly 12 to 24 months behind; figures are dated accordingly.

Source object · view filing

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