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California · Nonprofit

HOUSING INDUSTRY FOUNDATION

HOUSING INDUSTRY FOUNDATION (California) receives grants from 25 organizations whose IRS filings report $2,890,971 to it, the largest being MORGAN STANLEY GLOBAL IMPACT FUNDING TRUST INC ($1,019,395). 14 of them have funded it in more than one year, and 65% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.

Revenue FY2024
$3.4M
Funders on record
25
Grants received
$2.9M
Net assets
$1.5M
14/25 repeat funderspeak grant-dependency 21%
01What it does

What Housing Industry Foundation does

Mission

To help individuals and families remain in or return to stable housing through our homeless prevention programs including emergency assistance grants, shelter renovations and affordable housing initiatives.

As stated on its FY2024 Form 990.

Programs

  1. Emergency housing grants:Housing Industry Foundation believes that our teachers, social workers, health care professionals and first responders should be able to live and thrive in the communities they serve. In partnership with our extensive network of housing providers, hif is able to provide these units at up to 50% below market rate for up to three years for working families in santa clara and san mateo counties, california. We connect these essential workers to affordable units, saving families on average $12,000 a year on rent.

    $209,963 spentof which $920,896 as grants$1,534,396 earned by the program
    7% of program spending
  2. Emergency disaster response: housing fund offers a bridge between crisis and stability for low income households threatened with homelessness after unforeseen and temporary financial setbacks (including job loss, medical bills or a death in the family). Our team processes applications via referrals from community agencies that provide additional supportive services for families in need in santa clara and san mateo counties, california.

    $1,861,490 spentof which $700,857 as grants
    63% of program spending
  3. Renovation program:housing fund supports nonprofit agencies serving san mateo and santa clara counties in california that provide temporary, transitional and permanent housing for individuals and families experiencing homelessness. Leveraging our vast network and resources within the multifamily industry, hif completes small and large-scale renovations at no cost to our grantees, allowing these organizations to focus their budgets on the clients and communities they serve.

    $904,071 spent
    30% of program spending

The 3 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $2,975,524.

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 ($1.1M) Expenses 100 ($1.1M) Net assets 100 ($545k)2018 Revenue 98 ($1.1M) Expenses 112 ($1.2M) Net assets 72 ($394k)2019 Revenue 137 ($1.5M) Expenses 83 ($923k) Net assets 186 ($1.0M)2020 Revenue 175 ($2.0M) Expenses 190 ($2.1M) Net assets 159 ($869k)2021 Revenue 201 ($2.2M) Expenses 189 ($2.1M) Net assets 186 ($1.0M)2022 Revenue 274 ($3.1M) Expenses 299 ($3.3M) Net assets 242 ($1.3M)2023 Revenue 322 ($3.6M) Expenses 296 ($3.3M) Net assets 300 ($1.6M)2024 Revenue 304 ($3.4M) Expenses 320 ($3.5M) Net assets 275 ($1.5M)
'17'18'19'20'21'22'23'24
Revenue (304)Expenses (320)Net assets (275)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 2018 to 2019, from $395k to $1.0M (+157%).

$545k
$395k
$1.0M
$874k
$1.0M
$1.3M
$1.6M
$1.5M
'17'18'19'20'21'22'23'24
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
ContributionsProgram revenueInvestmentOther

33% of HOUSING INDUSTRY FOUNDATION’s revenue is contributions — about as donation-reliant as the typical peer (72% for the typical peer).

This organization
Typical peer · 636 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 4 of the last 8 reported years ran a deficit.

$7k
’17
−$145k
’18
$603k
’19
−$156k
’20
$143k
’21
−$261k
’22
$304k
’23
−$162k
’24
2.6
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

Steve Sullivan

Executive director (thru 8/24)

As listed on its FY2024 Form 990.

The chief executive listed changed between the FY2018 and FY2019 filings.

'17'18'19'20'21'22'23'24
Listed3533312828323636
Joined·+7+3+28+0+9+7+6
No longer listed·95310536
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 7 funders to 13 funders, grant income rose $71k → $656k.

8 of 25 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 65% 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 INDUSTRY FOUNDATION’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 INDUSTRY FOUNDATION leans on a few funders — its largest provides 35% of grant income and the top three 64%; half comes from just 2 funders.

the vertical line marks half of all grant income — 2 funders to its left

70% 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 INDUSTRY FOUNDATION.

35%
largest funder
64%
top three
~5
effective funders

Largest funder’s share by year: 2017 49% · 2018 33% · 2019 61% · 2020 45% · 2021 56% · 2022 43% · 2023 40% — 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

41% of HOUSING INDUSTRY FOUNDATION's funders are still giving 3 years after their first grant; 56% 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

65% of HOUSING INDUSTRY FOUNDATION'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 $1.0M that is directly attributable, 96% of it comes from California funders.

IL
MA
NV
CA
DE
FL

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

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

Funder states come from each funder’s own filing. $1.9M arriving through sponsors registered in 5 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

HOUSING INDUSTRY FOUNDATION has grown faster than three-quarters of the 611 unclassified nonprofits its size.

Operating margin−5% · bottom quartile
Months of reserve2.6mo · below the median
Revenue growth (annualized)17% · top quartile

this organization peer median middle 50% of peers· 611 unclassified nonprofits $1M–$10M, FY2024

Organizations like HOUSING INDUSTRY FOUNDATION

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 California

Nationally

05Profile & governance

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

Where the money goes

84% of spending goes to programs.

Program 84%Management 5%Fundraising 11%

Governance

34
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Public support

99%

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

Footprint & structure

Files a return copy in 1 state

CA

Screen this organization

A dated, signed PDF of the compliance screen for HOUSING INDUSTRY FOUNDATION: 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.

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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 INDUSTRY FOUNDATION?
HOUSING INDUSTRY FOUNDATION (California) receives grants from 25 organizations whose IRS filings report $2,890,971 to it, the largest being MORGAN STANLEY GLOBAL IMPACT FUNDING TRUST INC ($1,019,395). 14 of them have funded it in more than one year, and 65% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
How many funders does HOUSING INDUSTRY FOUNDATION have?
IRS filings report 25 organizations giving $2,890,971 in grants to HOUSING INDUSTRY FOUNDATION, 14 of which have funded it in more than one year.
Who is the largest funder of HOUSING INDUSTRY FOUNDATION?
MORGAN STANLEY GLOBAL IMPACT FUNDING TRUST INC is the largest funder on record, with $1,019,395 in grants. The full list of funders is on this page.
How can an organization like HOUSING INDUSTRY FOUNDATION find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in California. 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 25 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