West Virginia · Nonprofit
HOMEOWNERSHIP CENTER INC
HOMEOWNERSHIP CENTER INC (West Virginia) receives grants from 3 organizations whose IRS filings report $2,396,299 to it, the largest being NEIGHBORHOOD REINVESTMENT CORPORATION ($2,386,349). 1 of them have funded it in more than one year.
- Revenue FY2025
- $491k
- Funders on record
- 3
- Grants received
- $2.4M
- Net assets
- $2.1M
What Homeownership Center Inc does
Mission
Providing all aspects of homeownership services to area families
As stated on its FY2025 Form 990.
Program
Providing all aspects of housing and financial counseling to first-time homebuyers (approximately 244 families); loan services; providing low interest loans to homebuyers for acquisition, construction, and/or repairs to home.
$231,889 spent$107,370 earned by the program100% of program spending
The program described on its FY2024 Form 990. Program spending in total: $231,889.
The organization over time
Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2020 to 2021, from $1.8M to $2.0M (+11%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
Government-grant reliance: 2017 78% · 2018 81% · 2020 85% · 2021 80% · 2022 72% · 2023 71% · 2024 71% · 2025 78%. Grants only. Government contracts and fees sit inside program revenue.
78% of HOMEOWNERSHIP CENTER INC’s revenue is contributions — about as donation-reliant as the typical peer (91% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 1 of the last 8 reported years ran a deficit.
reserve
Leadership and staff
The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.
Chief executive
Kate Somers
Executive director
As listed on its FY2025 Form 990.
Who funds it, year by year
2017 → 2023: the base held at 1 funder, grant income fell $250k → $242k.
From the IRS filings of HOMEOWNERSHIP CENTER 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.
How concentrated its funding is
HOMEOWNERSHIP CENTER INC leans on a few funders — its largest provides 100% of grant income and the top three 100%; half comes from just 1 funder.
the vertical line marks half of all grant income — 1 funder to its left
100% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund HOMEOWNERSHIP CENTER INC.
Largest funder’s share by year: 2017 100% · 2018 100% · 2019 97% · 2020 99% · 2021 100% · 2022 100% · 2023 100% — broadly stable.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. 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
HOMEOWNERSHIP CENTER INC draws 100% of its grant income from funders outside West Virginia, across 3 states in all.
In-state vs out-of-state, by year
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.
Against its field
HOMEOWNERSHIP CENTER INC runs a healthier operating margin than three-quarters of the 13,062 human services nonprofits its size.
this organization peer median middle 50% of peers· 13,062 human services nonprofits $100k–$1M, FY2025
Government funding HOMEOWNERSHIP CENTER INC receives
Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $325k on record.
- Department of the Treasury$325k
Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.
Organizations like HOMEOWNERSHIP CENTER 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 West Virginia
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
66% of spending goes to programs.
Governance
Public support
90%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Files a return copy in 1 state
Screen this organization
A dated, signed PDF of the compliance screen for HOMEOWNERSHIP CENTER 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.
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 HOMEOWNERSHIP CENTER INC?
- HOMEOWNERSHIP CENTER INC (West Virginia) receives grants from 3 organizations whose IRS filings report $2,396,299 to it, the largest being NEIGHBORHOOD REINVESTMENT CORPORATION ($2,386,349). 1 of them have funded it in more than one year.
- How many funders does HOMEOWNERSHIP CENTER INC have?
- IRS filings report 3 organizations giving $2,396,299 in grants to HOMEOWNERSHIP CENTER INC, 1 of which have funded it in more than one year.
- Who is the largest funder of HOMEOWNERSHIP CENTER INC?
- NEIGHBORHOOD REINVESTMENT CORPORATION is the largest funder on record, with $2,386,349 in grants. The full list of funders is on this page.
- How can an organization like HOMEOWNERSHIP CENTER INC find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in West Virginia. 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 Homeownership Center →
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 3 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