South Carolina · Nonprofit
HOUSING DEVELOPMENT CORPORATION OF ROCK HILL
HOUSING DEVELOPMENT CORPORATION OF ROCK HILL (South Carolina) receives grants from 4 organizations whose IRS filings report $171,597 to it, the largest being THE US CHARITABLE GIFT TRUST ($122,971). 2 of them have funded it in more than one year, and 72% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
- Revenue FY2025
- $997k
- Funders on record
- 4
- Grants received
- $172k
- Net assets
- $4.3M
What Housing Development Corporation of Rock Hill does
Mission
The organization helps low and moderate income persons become homeowners by buying homes, selling them to income-qualified buyers and reusing sales proceeds to build more homes. The organization also conducts pre-purchase financial counseling and offers down payment and closing cost assistance funded by federal grants. It also uses community development block grant funding to rehabilitate owner-occupied older homes.
As stated on its FY2025 Form 990.
Program
The organization helps low and moderate income persons become homeowners by buying homes, selling them to income-qualified buyers and reusing sales proceeds to build more homes. The organization also conducts pre-purchase financial counseling and offers down payment and closing cost assistance funded by federal grants. It also uses community development block grant funding to rehabilitate owner-occupied older homes.
$675,252 spent$206,287 earned by the program100% of program spending
The program described on its FY2024 Form 990. Program spending in total: $675,252.
The organization over time
Each line starts at 100 in 2021, so what you read is the shape rather than the size: 150 means half as much again as 2021, 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 $4.8M to $6.3M (+32%).
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: 2021 43% · 2022 86% · 2023 99% · 2024 27% · 2025 13%. Grants only. Government contracts and fees sit inside program revenue.
78% of HOUSING DEVELOPMENT CORPORATION OF ROCK HILL’s revenue is contributions — more reliant on donations than three-quarters of its peers (37% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 0 of the last 5 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
Walter Hardin
Chair
As listed on its FY2025 Form 990.
Who funds it, year by year
2020 → 2023: the base broadened from 1 funder to 2 funders, grant income rose $5 → $61k.
2 of 4 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 72% 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 HOUSING DEVELOPMENT CORPORATION OF ROCK HILL’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
HOUSING DEVELOPMENT CORPORATION OF ROCK HILL leans on a few funders — its largest provides 72% of grant income and the top three 100%; half comes from just 1 funder.
the vertical line marks half of all grant income — 1 funder to its left
99% 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 HOUSING DEVELOPMENT CORPORATION OF ROCK HILL.
Largest funder’s share by year: 2020 100% · 2021 100% · 2022 100% · 2023 100% — broadly stable.
“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
72% of HOUSING DEVELOPMENT CORPORATION OF ROCK HILL'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 $49k that is directly attributable, 100% of it comes from South Carolina funders.
Funder states come from each funder’s own filing. $123k arriving through sponsors registered in 2 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
HOUSING DEVELOPMENT CORPORATION OF ROCK HILL runs a healthier operating margin than three-quarters of the 4,980 housing & shelter nonprofits its size.
this organization peer median middle 50% of peers· 4,980 housing & shelter nonprofits $100k–$1M, FY2025
Government funding HOUSING DEVELOPMENT CORPORATION OF ROCK HILL receives
Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $249k on record.
- Department of Housing and Urban Development$249k
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 HOUSING DEVELOPMENT CORPORATION OF ROCK HILL
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
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
100% of spending goes to programs.
Governance
Public support
68%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Part of a family of 1 related entity
- City of Rock Hill · exempt
Screen this organization
A dated, signed PDF of the compliance screen for HOUSING DEVELOPMENT CORPORATION OF ROCK HILL: 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 HOUSING DEVELOPMENT CORPORATION OF ROCK HILL?
- HOUSING DEVELOPMENT CORPORATION OF ROCK HILL (South Carolina) receives grants from 4 organizations whose IRS filings report $171,597 to it, the largest being THE US CHARITABLE GIFT TRUST ($122,971). 2 of them have funded it in more than one year, and 72% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
- How many funders does HOUSING DEVELOPMENT CORPORATION OF ROCK HILL have?
- IRS filings report 4 organizations giving $171,597 in grants to HOUSING DEVELOPMENT CORPORATION OF ROCK HILL, 2 of which have funded it in more than one year.
- Who is the largest funder of HOUSING DEVELOPMENT CORPORATION OF ROCK HILL?
- THE US CHARITABLE GIFT TRUST is the largest funder on record, with $122,971 in grants. The full list of funders is on this page.
- How can an organization like HOUSING DEVELOPMENT CORPORATION OF ROCK HILL 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 Housing Development Corporation of Rock Hill →
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2021–2025), and the filings of 4 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