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Rhode Island · Nonprofit

Block Island Housing Initiative Inc

Block Island Housing Initiative Inc (Rhode Island) receives grants from 1 organization whose IRS filings report $300,000 to it, the largest being THE DAVID S HOWE FOUNDATION ($300,000). 1 of them have funded it in more than one year.

Revenue FY2025
$237k
Funders on record
1
Grants received
$300k
Net assets
$83k
1/1 repeat funders
01What it does

What Block Island Housing Initiative Inc does

Mission

The purpose of the Block Island Housing Initiative is to provide attainable housing for year-round residents and seasonal employees who are essential to Block Island's quality of life. Our initial focus will be providing grants that help homeowners convert existing living space into 513: Residential Accessory Dwelling Units (ADUs). Our future goals may include the purchase and renovation of existing housing, construction of new housing, as well as any other methods that prove effective to accomplish our mission.

As stated on its FY2025 Form 990.

Programs

On its FY2025 return the organization reported starting a significant new program.

Year-Round Community Rentals was launched in 2025. This program is part of BIHI's ongoing effort to ensure that those who live and work on Block Island have access to stable housing, making it possible for our community to thrive year-round. By offering an added incentive, BIHI hopes to encourage property owners to join the movement toward sustaining a vibrant, resilient island community.

Its own explanation, from Schedule O of that return (Part III, line 2).

  1. To provide attainable housing for year-round residents and seasonal employees who are essential to Block Island's quality of life - providing grants that help homeowners convert existing living space into 513: Residential Accessory Dwelling Units

    $201,582 spentof which $3,000 as grants$205,500 earned by the program
    100% of program spending
  2. Year-Round Community Rentals was launched in 2025. This program is part of BIHI's ongoing effort to ensure that those who live and work on Block Island have access to stable housing, making it possible for our community to thrive year-round. By offering an added incentive, BIHI hopes to encourage property owners to join the movement toward sustaining a vibrant, resilient island community.

    $0 spent$31,000 earned by the program
    0% of program spending

The 2 programs described on its FY2025 Form 990, listed largest first by expense. Program spending in total: $201,582.

02Who funds it

Who funds it, year by year

Grant support over time, funder by funder — shade shows the grant size each year.

Funder
'23
'24*
'25*
total
funders
1
1
1

From the IRS filings of Block Island Housing Initiative Inc’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

Block Island Housing Initiative Inc draws 100% of its grant income from funders outside Rhode Island, across 1 state in all.

NY

Funder states come from each funder’s own filing. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

03Its place in the field

Against its field

Block Island Housing Initiative Inc runs a healthier operating margin than three-quarters of the 4,980 housing & shelter nonprofits its size.

Operating margin15% · top quartile
Months of reserve4.9mo · above the median

this organization peer median middle 50% of peers· 4,980 housing & shelter nonprofits $100k–$1M, FY2025

Organizations like Block Island Housing Initiative Inc

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Rhode Island

Nationally

04Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

100% of spending goes to programs.

Program 100%Management 0%Fundraising 0%

Governance

4
board members
100%
independent
✓Conflict-of-interest policy–Whistleblower policy–Document retention✓Board reviewed the 990–Audited financials

Public support

100%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 1 state

RI

Screen this organization

A dated, signed PDF of the compliance screen for Block Island Housing Initiative Inc: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds Block Island Housing Initiative Inc?
Block Island Housing Initiative Inc (Rhode Island) receives grants from 1 organization whose IRS filings report $300,000 to it, the largest being THE DAVID S HOWE FOUNDATION ($300,000). 1 of them have funded it in more than one year.
How many funders does Block Island Housing Initiative Inc have?
IRS filings report 1 organization giving $300,000 in grants to Block Island Housing Initiative Inc, 1 of which have funded it in more than one year.
Who is the largest funder of Block Island Housing Initiative Inc?
THE DAVID S HOWE FOUNDATION is the largest funder on record, with $300,000 in grants. The full list of funders is on this page.
How can an organization like Block Island Housing Initiative Inc find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Rhode Island. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Block Island Housing Initiative →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2025–2025), and the filings of 1 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing