Massachusetts · Nonprofit
HOMES FOR OUR TROOPS INC
HOMES FOR OUR TROOPS INC (Massachusetts) receives grants from 629 organizations whose IRS filings report $73,585,392 to it, the largest being NETWORK FOR GOOD ($9,115,664). 346 of them have funded it in more than one year.
- Revenue FY2025
- $46M
- Funders on record
- 629
- Grants received
- $74M
- Net assets
- $17M
What Homes for Our Troops Inc does
Mission
Homes for our troops builds and donates specially adapted custom homes nationwide for severely injured post-9/11 veterans to enable them to rebuild their lives. (continued in schedule o).hfot builds these homes where the veteran chooses to live and then continues to support these veterans after home delivery to assist them in rebuilding their lives. As of the end of the fiscal year 2025, homes for our troops has transferred 423 new homes in 45 states and has 68 projects under construction or in the land acquisition phase. Each hfot home is designed to provide barrier-free living for our injured veterans and their families to restore some of their freedom and independence. As part of our continuing support, hfot provides each veteran with a pro-bono financial planner for a three-year period to assist in establishing and maintaining financial security and setting him/her up for success as a homeowner.
As stated on its FY2025 Form 990.
Program
New home program: under this program, homes for our troops, inc (hfot) builds new, single-family, specially-adapted custom homes that provide barrier-free living to severely injured veterans and their families. Each home is built with over 40 major adaptations (e.g., roll-under counters, sinks, and stoves; roll-in showers; wider halls and doorways; full-home generators; pull-down shelving; storm rooms) to provide barrier-free living to the veterans and restore some of their freedom and independence. (continued in schedule o).during the fiscal year ended 09/30/2025, homes for our troops, inc. Transferred 23 new homes across the country, purchased 26 lots for future builds, and brought 24 new veterans into the program. Homes for our troops, inc. Ended the fiscal year with a total of 423 homes transferred in 45 states and 68 projects underway. In addition to building homes, homes for our troops, inc continued its support to veterans who are rebuilding their lives by assisting them with challenges they encounter, and expanding its network of non-profits and other entities to provide assistance. As part of our continuing support, hfot provides each veteran with a pro-bono financial…
$40,277,121 spentof which $27,569,920 as grants100% of program spending
The program described on its FY2024 Form 990. Program spending in total: $40,277,121.
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 2023 to 2024, from $32M to $24M (−25%).
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: 2020 4% · 2021 4% · 2022 2% · 2025 3%. Grants only. Government contracts and fees sit inside program revenue.
99% of HOMES FOR OUR TROOPS INC’s revenue is contributions — more reliant on donations than three-quarters of its peers (13% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 5 of the last 9 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.
Board chair
Richard A Cody Gen Usa Ret
Chairman/director
As listed on its FY2025 Form 990.
Who funds it, year by year
2017 → 2023: the base broadened from 160 funders to 237 funders, grant income rose $4.9M → $14M.
67 of 629 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 45% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
From the IRS filings of HOMES FOR OUR TROOPS INC’s funders (the co-funder graph). Top 30 of 629 funders by total. 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
HOMES FOR OUR TROOPS INC has a broad base — no single funder exceeds 12% of grant income, and it takes 7 funders to reach half.
the vertical line marks half of all grant income — 7 funders to its left
61% 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 HOMES FOR OUR TROOPS INC.
Largest funder’s share by year: 2017 48% · 2018 44% · 2019 28% · 2020 22% · 2021 16% · 2022 23% · 2023 26% — diversifying over time.
“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.
How long its funders stay
42% of HOMES FOR OUR TROOPS INC's funders are still giving 3 years after their first grant; 55% give in more than one year at all.
Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.
Where its funders are
HOMES FOR OUR TROOPS INC draws 88% of its grant income from funders outside Massachusetts, across 46 states in all.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $33M arriving through sponsors registered in 30 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. 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
HOMES FOR OUR TROOPS INC's funding base is broadening — from 160 funders to 237 as grant income climbed.
this organization peer median middle 50% of peers· 488 housing & shelter nonprofits $10M–$100M, FY2025
Organizations like HOMES FOR OUR TROOPS 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 Massachusetts
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
88% of spending goes to programs.
Governance
Public support
95%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Files a return copy in 40 states
Screen this organization
A dated, signed PDF of the compliance screen for HOMES FOR OUR TROOPS 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 HOMES FOR OUR TROOPS INC?
- HOMES FOR OUR TROOPS INC (Massachusetts) receives grants from 629 organizations whose IRS filings report $73,585,392 to it, the largest being NETWORK FOR GOOD ($9,115,664). 346 of them have funded it in more than one year.
- How many funders does HOMES FOR OUR TROOPS INC have?
- IRS filings report 629 organizations giving $73,585,392 in grants to HOMES FOR OUR TROOPS INC, 346 of which have funded it in more than one year.
- Who is the largest funder of HOMES FOR OUR TROOPS INC?
- NETWORK FOR GOOD is the largest funder on record, with $9,115,664 in grants. The full list of funders is on this page.
- How can an organization like HOMES FOR OUR TROOPS INC find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Massachusetts. 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 Homes for Our Troops →
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 629 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 22, 2026. What this page cannot tell you · view filing