Virginia · Nonprofit
Homestretch Inc
Homestretch Inc (Virginia) receives grants from 70 organizations whose IRS filings report $3,473,497 to it, the largest being FIDELITY INVESTMENTS CHARITABLE GIFT FUND ($632,239). 35 of them have funded it in more than one year.
- Revenue FY2025
- $3.8M
- Funders on record
- 70
- Grants received
- $3.5M
- Net assets
- $2.8M
What Homestretch Inc does
Mission
The Organization provides various types of temporary housing assistance and life-skills training to homeless families with children.
As stated on its FY2025 Form 990.
Programs
Homestretch provided transitional housing assistance to needy families with children in the form of rent, utilities, expenses and life skills training. Homestretch also provided kitchen furnishings, household furniture and supplies, on a pass-through basis, as items are donated by the community at large. Homestretch, Inc. continues to serve an average of 50 families at any point in time, using a combination of housing models including transitional housing, permanent supportive housing, transitioning-in-place, and affordable housing for low-income families.
$2,899,992 spentof which $540,564 as grants$525,590 earned by the program90% of program spendingKidstretch is a Virginia Preschool Initiative (VPI) classroom and serves as the early childhood education component of Homestretch. Our goal at Kidstretch is to ensure high quality preschool programming that supports school readiness for three- to five-year olds. As a VPI classroom, Kidstretch also provides child screenings for hearing, vision, developmental, dental, and mental health.
$315,374 spent$151,322 earned by the program10% of program spending
The 2 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $3,215,366.
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 $8.2M to $9.3M (+14%).
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: 2017 1% · 2018 3% · 2019 2% · 2020 2% · 2021 10% · 2022 5% · 2023 3% · 2024 1%. Grants only. Government contracts and fees sit inside program revenue.
73% of Homestretch Inc’s revenue is contributions — about as donation-reliant as the typical peer (81% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 3 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.
Chief executive
Barfonce Baldwin
Executive Director
Board chair
Mahreen Rashid
Chair
As listed on its FY2025 Form 990.
Who funds it, year by year
2017 → 2023: the base broadened from 10 funders to 26 funders, grant income rose $174k → $364k.
14 of 70 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 47% 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 Homestretch Inc’s funders (the co-funder graph). Top 30 of 70 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
Homestretch Inc has a broad base — no single funder exceeds 18% of grant income, and it takes 6 funders to reach half.
the vertical line marks half of all grant income — 6 funders to its left
66% 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 Homestretch Inc.
Largest funder’s share by year: 2017 23% · 2018 15% · 2019 21% · 2020 19% · 2021 33% · 2022 18% · 2023 18% — 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
46% of Homestretch Inc's funders are still giving 3 years after their first grant; 50% 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
62% of Homestretch Inc's grant income comes from Virginia funders.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $1.6M arriving through sponsors registered in 10 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
Homestretch Inc is better cushioned than half of the 6,891 human services nonprofits its size.
this organization peer median middle 50% of peers· 6,891 human services nonprofits $1M–$10M, FY2025
Organizations like Homestretch 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 Virginia
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
84% of spending goes to programs.
Governance
Public support
76%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Screen this organization
A dated, signed PDF of the compliance screen for Homestretch 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 Homestretch Inc?
- Homestretch Inc (Virginia) receives grants from 70 organizations whose IRS filings report $3,473,497 to it, the largest being FIDELITY INVESTMENTS CHARITABLE GIFT FUND ($632,239). 35 of them have funded it in more than one year.
- How many funders does Homestretch Inc have?
- IRS filings report 70 organizations giving $3,473,497 in grants to Homestretch Inc, 35 of which have funded it in more than one year.
- Who is the largest funder of Homestretch Inc?
- FIDELITY INVESTMENTS CHARITABLE GIFT FUND is the largest funder on record, with $632,239 in grants. The full list of funders is on this page.
- How can an organization like Homestretch Inc find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Virginia. 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 Homestretch →
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 70 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