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New Jersey · Nonprofit

Homes Now Inc

Homes Now Inc (New Jersey) receives grants from 5 organizations whose IRS filings report $11,106 to it, the largest being NEW JERSEY NATURAL GAS COMPANY CHARITY INC ($5,950). 3 of them have funded it in more than one year.

Revenue FY2024
$660k
Funders on record
5
Grants received
$11k
Net assets
$5.9M
3/5 repeat funderspeak grant-dependency 1%
01What it does

What Homes Now Inc does

Mission

Provide affordable housing and services to municipalities throughout the state of new jersey

As stated on its FY2024 Form 990.

Program

  1. Renovate and construct new housing for low income housing families, monitor and provide mangement services for low income housing projects for coah compliance

    $443,022 spentof which $890 as grants$276,697 earned by the program
    100% of program spending

The program described on its FY2024 Form 990. Program spending in total: $443,022.

02The organization over time

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.

100 = 20172017 Revenue 100 ($747k) Expenses 100 ($1.1M) Net assets 100 ($8.5M)2018 Revenue 204 ($1.5M) Expenses 180 ($2.0M) Net assets 103 ($8.8M)2019 Revenue 170 ($1.3M) Expenses 132 ($1.5M) Net assets 94 ($8.0M)2020 Revenue 85 ($633k) Expenses 89 ($1.0M) Net assets 90 ($7.6M)2021 Revenue 79 ($588k) Expenses 60 ($685k) Net assets 74 ($6.3M)2022 Revenue 79 ($590k) Expenses 65 ($737k) Net assets 72 ($6.2M)2023 Revenue 14 ($106k) Expenses 51 ($576k) Net assets 67 ($5.7M)2024 Revenue 88 ($660k) Expenses 45 ($512k) Net assets 69 ($5.9M)
'17'18'19'20'21'22'23'24
Revenue (88)Expenses (45)Net assets (69)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2021 to 2022, from $9.7M to $17M (+75%).

$13M
$11M
$9.9M
$9.3M
$9.7M
$17M
$18M
$16M
'17'18'19'20'21'22'23'24
Total assetsTotal liabilities

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.

2017
2018
2019
2020
2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2017 9% · 2020 22% · 2021 30% · 2022 24% · 2023 216% · 2024 21%. Grants only. Government contracts and fees sit inside program revenue.

23% of Homes Now Inc’s revenue is contributions — about as donation-reliant as the typical peer (37% for the typical peer).

This organization
Typical peer · 8,334 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 7 of the last 8 reported years ran a deficit.

−$387k
’17
−$518k
’18
−$225k
’19
−$376k
’20
−$98k
’21
−$147k
’22
−$471k
’23
$148k
’24
51
months of
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

Christine Hofmann

Executive director

As listed on its FY2024 Form 990.

The chief executive listed changed between the FY2023 and FY2024 filings.

'17'18'19'20'21'22'23'24
Listed679991199
Joined·+3+3+2+0+2+1+4
No longer listed·2120034
03Who funds it

Who funds it, year by year

2020 → 2023: the base narrowed from 3 funders to 2 funders, grant income rose $505 → $600.

1 of 5 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 1% 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 Now 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

Homes Now Inc leans on a few funders — its largest provides 54% of grant income and the top three 96%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

54%
largest funder
96%
top three
~2
effective funders

Largest funder’s share by year: 2020 50% · 2021 84% · 2022 99% · 2023 92% — growing more concentrated.

“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

100% of Homes Now Inc's grant income comes from New Jersey funders.

NJ

In-state vs out-of-state, by year

’20
’21
’22
’23
New Jersey out of state home

Funder states come from each funder’s own filing. $156 arriving through sponsors registered in 1 state 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.

04Its place in the field

Against its field

Homes Now Inc runs a healthier operating margin than three-quarters of the 7,828 housing & shelter nonprofits its size.

Operating margin22% · top quartile
Months of reserve50.9mo · top quartile
Revenue growth (annualized)−2% · bottom quartile

this organization peer median middle 50% of peers· 7,828 housing & shelter nonprofits $100k–$1M, FY2024

Organizations like Homes Now 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 New Jersey

Nationally

05Profile & governance

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

Where the money goes

87% of spending goes to programs.

Program 87%Management 13%Fundraising 0%

Governance

7
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Public support

65%

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

Footprint & structure

Files a return copy in 1 state

NJ

Part of a family of 2 related entities

  • Homes Now Sycamore Ridge · exempt
  • Homes Now Tudor Village · exempt

Screen this organization

A dated, signed PDF of the compliance screen for Homes Now 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.

A paid feature, included from the $75 plan up. Sign in to download.

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 Now Inc?
Homes Now Inc (New Jersey) receives grants from 5 organizations whose IRS filings report $11,106 to it, the largest being NEW JERSEY NATURAL GAS COMPANY CHARITY INC ($5,950). 3 of them have funded it in more than one year.
How many funders does Homes Now Inc have?
IRS filings report 5 organizations giving $11,106 in grants to Homes Now Inc, 3 of which have funded it in more than one year.
Who is the largest funder of Homes Now Inc?
NEW JERSEY NATURAL GAS COMPANY CHARITY INC is the largest funder on record, with $5,950 in grants. The full list of funders is on this page.
How can an organization like Homes Now Inc find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in New Jersey. 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 Now →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 5 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