Colorado · Nonprofit
HOMESFUND
HOMESFUND (Colorado) receives grants from 6 organizations whose IRS filings report $358,216 to it, the largest being Rural Community Assistance Corporation ($223,466). 4 of them have funded it in more than one year.
- Revenue FY2025
- $3.4M
- Funders on record
- 6
- Grants received
- $358k
- Net assets
- $17M
What Homesfund does
Mission
The mission of Homesfund is to support southwest colorado by creating and managing affordable housing programs and providing residents and the local workforce with the financial tools, resources and knowledge needed to achieve and sustain homeownership.
As stated on its FY2025 Form 990.
Program
The home buyer assistance program provided pre-purchase counseling and education to households. The program also gave multiple new homeowners the ability to purchase a home by lending thousands of dollars for shared appreciation silent second mortgages.
$774,752 spent$498,701 earned by the program100% of program spending
The program described on its FY2025 Form 990. Program spending in total: $774,752.
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 2024 to 2025, from $19M to $22M (+15%).
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: 2023 71% · 2024 63% · 2025 76%. Grants only. Government contracts and fees sit inside program revenue.
78% of HOMESFUND’s revenue is contributions — more donation-reliant than the typical peer (39% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 0 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
Heather Garland
Chair
As listed on its FY2025 Form 990.
Who funds it, year by year
2018 → 2023: the base broadened from 1 funder to 2 funders, grant income rose $2k → $42k.
1 of 6 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 6% 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 HOMESFUND’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
HOMESFUND leans on a few funders — its largest provides 62% of grant income and the top three 92%; half comes from just 1 funder.
the vertical line marks half of all grant income — 1 funder to its left
72% 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 HOMESFUND.
Largest funder’s share by year: 2018 100% · 2019 76% · 2020 71% · 2021 61% · 2022 79% · 2023 93% — 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.
Where its funders are
HOMESFUND draws 66% of its grant income from funders outside Colorado, across 2 states in all.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $20k 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.
Against its field
HOMESFUND runs a healthier operating margin than three-quarters of the 2,367 housing & shelter nonprofits its size.
this organization peer median middle 50% of peers· 2,367 housing & shelter nonprofits $1M–$10M, FY2025
Government funding HOMESFUND receives
Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $1.9M on record.
- Department of the Treasury$1.9M
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 HOMESFUND
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 Colorado
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
69% of spending goes to programs.
Governance
Public support
96%
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 HOMESFUND: 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 HOMESFUND?
- HOMESFUND (Colorado) receives grants from 6 organizations whose IRS filings report $358,216 to it, the largest being Rural Community Assistance Corporation ($223,466). 4 of them have funded it in more than one year.
- How many funders does HOMESFUND have?
- IRS filings report 6 organizations giving $358,216 in grants to HOMESFUND, 4 of which have funded it in more than one year.
- Who is the largest funder of HOMESFUND?
- Rural Community Assistance Corporation is the largest funder on record, with $223,466 in grants. The full list of funders is on this page.
- How can an organization like HOMESFUND find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Colorado. 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 Homesfund →
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 6 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