Washington · Nonprofit
HOMESTEAD COMMUNITY LAND TRUST
HOMESTEAD COMMUNITY LAND TRUST (Washington) receives grants from 21 organizations whose IRS filings report $15,737,027 to it, the largest being The Chicago Community Trust ($10,000,000). 11 of them have funded it in more than one year, and 79% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
- Revenue FY2024
- $12M
- Funders on record
- 21
- Grants received
- $16M
- Net assets
- $33M
What Homestead Community Land Trust does
Mission
Homestead clt develops land and housing in trust that gives lower-income households the opportunity to own a home that is affordable to them and remains affordable to future owners.
As stated on its FY2024 Form 990.
Program
With 30+ years' service to king county, homestead combines housing development with buyer and owner support to grow and preserve an inventory of permanently affordable homes and successful homeowners. Every home in trust is sold at an affordable price to an income-qualified household and is kept affordable to all future buyers. Our homes put the financial, social, health and economic mobility benefits of ownership within reach of those shut out of ownership by our high-cost market, and/or the legacy of systemic housing inequities. As a result, owners are placed on a path to wealth building and stability. By constructing with a high environmental standard, we create housing and climate equity for these lower-income homeowners. Through partnerships with private donors and public agencies, homestead identified a pipeline of 218 more homes to build over the next five years, on surplus and donated land. By year end, homestead held 257 homes in trust, and had created over 329 first time homebuying opportunities for income-qualified households. By removing homes from the speculative market and holding them in trust in perpetuity, homestead is creating an alternate, affordable economy for…
$10,304,340 spentof which $288,889 as grants$8,437,333 earned by the program100% of program spending
The program described on its FY2024 Form 990. Program spending in total: $10,304,340.
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 2022 to 2023, from $24M to $50M (+109%).
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: 2018 5% · 2019 2% · 2020 5% · 2021 1% · 2024 1%. Grants only. Government contracts and fees sit inside program revenue.
16% of HOMESTEAD COMMUNITY LAND TRUST’s revenue is contributions — more donation-reliant than the typical peer (13% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 2 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
Kathleen Hosfeld
Executive director
Board chair
Cheryl Jackson Williams
Board president
As listed on its FY2024 Form 990.
Who funds it, year by year
2017 → 2023: the base broadened from 4 funders to 9 funders, grant income rose $268k → $12M.
9 of 21 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 79% 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 HOMESTEAD COMMUNITY LAND TRUST’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
HOMESTEAD COMMUNITY LAND TRUST leans on a few funders — its largest provides 64% of grant income and the top three 88%; half comes from just 1 funder.
the vertical line marks half of all grant income — 1 funder to its left
81% 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 HOMESTEAD COMMUNITY LAND TRUST.
Largest funder’s share by year: 2017 93% · 2018 97% · 2019 56% · 2020 85% · 2021 26% · 2022 73% · 2023 84% — 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
56% of HOMESTEAD COMMUNITY LAND TRUST's funders are still giving 3 years after their first grant; 52% 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
79% of HOMESTEAD COMMUNITY LAND TRUST's grant income arrives through donor-advised or pass-through sponsors, whose addresses record where the money is held rather than where the donor is. Of the $3.2M that is directly attributable, 52% of it comes from Washington funders.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $13M arriving through sponsors registered in 7 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
HOMESTEAD COMMUNITY LAND TRUST has grown faster than three-quarters of the 817 housing & shelter nonprofits its size.
this organization peer median middle 50% of peers· 817 housing & shelter nonprofits $10M–$100M, FY2024
Organizations like HOMESTEAD COMMUNITY LAND TRUST
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 Washington
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
94% of spending goes to programs.
Governance
Public support
82%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Part of a family of 5 related entities
- Homestead Rebuilding Communities LLC · disregarded
- Columbia 26 LLC · disregarded
- Willowcrest Affordable Townhomes LLC · disregarded
- Benson East LLC · disregarded
- Yakima Avenue Development Partners LLC · partnership
Screen this organization
A dated, signed PDF of the compliance screen for HOMESTEAD COMMUNITY LAND TRUST: 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 HOMESTEAD COMMUNITY LAND TRUST?
- HOMESTEAD COMMUNITY LAND TRUST (Washington) receives grants from 21 organizations whose IRS filings report $15,737,027 to it, the largest being The Chicago Community Trust ($10,000,000). 11 of them have funded it in more than one year, and 79% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
- How many funders does HOMESTEAD COMMUNITY LAND TRUST have?
- IRS filings report 21 organizations giving $15,737,027 in grants to HOMESTEAD COMMUNITY LAND TRUST, 11 of which have funded it in more than one year.
- Who is the largest funder of HOMESTEAD COMMUNITY LAND TRUST?
- The Chicago Community Trust is the largest funder on record, with $10,000,000 in grants. The full list of funders is on this page.
- How can an organization like HOMESTEAD COMMUNITY LAND TRUST find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Washington. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
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 21 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