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South Carolina · Nonprofit

HOMES OF HOPE INC

HOMES OF HOPE INC (South Carolina) receives grants from 62 organizations whose IRS filings report $5,864,690 to it, the largest being NATL CHRISTIAN CHARITABLE FDN INC ($1,238,610). 36 of them have funded it in more than one year.

Revenue FY2025
$9.1M
Funders on record
62
Grants received
$5.9M
Net assets
$16M
36/62 repeat funderspeak grant-dependency 17%
01What it does

What Homes of Hope Inc does

Mission

Homes of hope opens doors for economic mobility through housing, economic, and workforce development.

As stated on its FY2025 Form 990.

Programs

  1. Real estate development: homes of hope develops affordable and energy efficient homes that are indistinguishable from market rate homes. Housing development efforts are focused on creating healthy mixed income communities throughout south carolina. In 27 years, homes of hope has developed 745 homes.

    $1,675,783 spent
    23% of program spending
  2. Housing and property management: homes of hope owns and oversees the management of 443 affordable rental homes throughout south carolina. These rental homes serve low-to-moderate income households. By providing excellent customer care and connecting households to community resource opportunities, housing stability is established, barriers of distrust are broken, and opportunities for economic mobility pathways are created leading to long-term generational change. This year, 47.3% of households house children.

    $4,731,190 spent
    64% of program spending
  3. Men's workforce development: the men's workforce development program is a one-year residential workforce development opportunity focused in the field of construction. This program provides a necessary next step for men to begin a life of stability free from drugs and alcohol. A graduate of this program completes 1200 hours of on the job training, 360 hours of discipleship and 200 hours of classroom training and an average starting wage of 18/hour. On the job training results in the production of 3 homes for poverty income households. In 27 years, 340 men have graduated this program.

    $1,033,690 spent
    14% of program spending
  4. Revenue - 4,338,987 - income from affordable rental housing activity

    $4,997,042 earned by the program

The 4 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $7,440,663.

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 ($6.2M) Expenses 100 ($4.2M) Net assets 100 ($12M)2018 Revenue 66 ($4.1M) Expenses 109 ($4.5M) Net assets 96 ($12M)2019 Revenue 85 ($5.3M) Expenses 119 ($5.0M) Net assets 99 ($12M)2020 Revenue 106 ($6.6M) Expenses 127 ($5.3M) Net assets 110 ($13M)2021 Revenue 111 ($6.9M) Expenses 150 ($6.2M) Net assets 116 ($14M)2022 Revenue 143 ($8.9M) Expenses 155 ($6.5M) Net assets 136 ($16M)2023 Revenue 108 ($6.7M) Expenses 176 ($7.4M) Net assets 130 ($16M)2024 Revenue 125 ($7.8M) Expenses 201 ($8.4M) Net assets 125 ($15M)2025 Revenue 146 ($9.1M) Expenses 199 ($8.3M) Net assets 132 ($16M)
'17'18'19'20'21'22'23'24'25
Revenue (146)Expenses (199)Net assets (132)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 2024 to 2025, from $54M to $60M (+11%).

$34M
$36M
$39M
$42M
$47M
$53M
$53M
$54M
$60M
'17'18'19'20'21'22'23'24'25
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
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2017 27% · 2018 10% · 2019 6% · 2020 8% · 2021 12% · 2022 21% · 2023 4% · 2024 3% · 2025 1%. Grants only. Government contracts and fees sit inside program revenue.

30% of HOMES OF HOPE INC’s revenue is contributions — about as donation-reliant as the typical peer (39% for the typical peer).

This organization
Typical peer · 4,214 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 3 of the last 9 reported years ran a deficit.

$2.1M
’17
−$452k
’18
$331k
’19
$1.3M
’20
$688k
’21
$2.4M
’22
−$651k
’23
−$587k
’24
$793k
’25
1.0
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

Don Oglesby

CEO

Board chair

Paul Gaeto

Chair

As listed on its FY2025 Form 990.

'17'18'19'20'21'22'23'24'25
Listed131313131313161415
Joined·+4+1+2+6+0+7+3+3
No longer listed·41260452
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 11 funders to 25 funders, grant income rose $278k → $1.1M.

13 of 62 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 36% 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 OF HOPE INC’s funders (the co-funder graph). Top 30 of 62 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 OF HOPE INC has a broad base — no single funder exceeds 21% of grant income, and it takes 5 funders to reach half.

the vertical line marks half of all grant income — 5 funders to its left

60% 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 OF HOPE INC.

21%
largest funder
39%
top three
~12
effective funders

Largest funder’s share by year: 2017 43% · 2018 21% · 2019 36% · 2020 18% · 2021 18% · 2022 18% · 2023 47% — 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.

How long its funders stay

56% of HOMES OF HOPE INC's funders are still giving 3 years after their first grant; 58% give in more than one year at all.

first grant+1y+2y+3y+4y+5y+6y

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

53% of HOMES OF HOPE INC's grant income comes from South Carolina funders.

ME
WA
MN
IL
WI
NY
NV
OH
CT
CO
MO
DE
NC
SC
DC
TX
FL

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

’17
’18
’19
’20
’21
’22
’23
South Carolina out of state home

Funder states come from each funder’s own filing. $2.1M arriving through sponsors registered in 9 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.

04Its place in the field

Against its field

HOMES OF HOPE INC runs a healthier operating margin than half of the 2,367 housing & shelter nonprofits its size.

Operating margin9% · above the median
Months of reserve1.0mo · bottom quartile
Revenue growth (annualized)5% · below the median

this organization peer median middle 50% of peers· 2,367 housing & shelter nonprofits $1M–$10M, FY2025

Government funding HOMES OF HOPE INC receives

Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $2.7M on record.

Federal$2.7M
grants $2.7Mcontracts $0
Top agencies
  • Department of Commerce$2.7M

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 HOMES OF HOPE 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 South Carolina

Nationally

05Profile & governance

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

Where the money goes

90% of spending goes to programs.

Program 90%Management 10%Fundraising 0%

Governance

14
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Public support

55%

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

Footprint & structure

Files a return copy in 1 state

SC

Part of a family of 2 related entities

  • 101 East Main LLC · partnership
  • 103 East Main LLC · partnership

Screen this organization

A dated, signed PDF of the compliance screen for HOMES OF HOPE 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 OF HOPE INC?
HOMES OF HOPE INC (South Carolina) receives grants from 62 organizations whose IRS filings report $5,864,690 to it, the largest being NATL CHRISTIAN CHARITABLE FDN INC ($1,238,610). 36 of them have funded it in more than one year.
How many funders does HOMES OF HOPE INC have?
IRS filings report 62 organizations giving $5,864,690 in grants to HOMES OF HOPE INC, 36 of which have funded it in more than one year.
Who is the largest funder of HOMES OF HOPE INC?
NATL CHRISTIAN CHARITABLE FDN INC is the largest funder on record, with $1,238,610 in grants. The full list of funders is on this page.
How can an organization like HOMES OF HOPE INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in South Carolina. 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 of Hope →

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 62 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