Nonprofit screen
Screen a listCentre for Homeownership & Economic Development
Can you give?
Listed with the IRS. Every screen came back clear.
A 501(c)(3) on Publication 78 and the IRS master file.
- IRS listing
- Listed
- Revocation
- None
- IRS files
- Agree
- Sanctions
- No match
- IRS bulletin
- No notice
- California
- No record
- Charity type
- 509(a)(1)
$1.7Mrevenue
FY2024 · +170% in 3 yrs2staff
6 of 8years filed
’17’18’19’20’21’22’23’24
Revenue and spendingRevenueSpendingDeficit
Against similar nonprofits FY2024
Operating margin−11.0%
Months of reserve3.7mo
Revenue growth (annualized)+13.5%
Middle half of peersMedianCentre for Homeownership & Economic Development
Where the money goes FY2024 · $1.9M spent
Programs$1.8M93%Management and general$108k6%Fundraising$28k1%990 FY2024 · Part IX line 25
Worth checking1
Deficits in 2 of the last 3 years
−$64k in FY2023 and −$191k in FY2024. Cash covers 3.7 months, under the peer median of 4.1.
990 Part I and balance sheetIn its favor3
Strong governance
11 of 11 board members independent. Conflict-of-interest and whistleblower policies, audited financial statements, board reviews the 990.
990 Part VIGrowing faster than peers
Revenue up 13% a year since FY2017, faster than half of similar nonprofits.
990 Part I · peer cohortA history of government grants
Government grants on 5 of its 6 returns, 59% of revenue in FY2024.
990 Part VIII5funders
$23ka year, last 3 years
39%from its largest funder
Funder’17’18’19’20’21Homefree USA IncNew in FY2021$27kDonor-advised giftsDonors not disclosed$10k$25k1 other fundersUp to $98k a year each$78k$98k$7k
FundedThrough a donor-advised fund