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New Jersey · Nonprofit

HOUSING INITIATIVES OF PRINCETON CHARITABLE TRUST

HOUSING INITIATIVES OF PRINCETON CHARITABLE TRUST (New Jersey) receives grants from 27 organizations whose IRS filings report $1,104,852 to it, the largest being Princeton Area Community Foundation Inc ($399,585). 15 of them have funded it in more than one year, and 57% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.

Revenue FY2025
$858k
Funders on record
27
Grants received
$1.1M
Net assets
$1.1M
15/27 repeat funderspeak grant-dependency 72%
01What it does

What Housing Initiatives of Princeton Charitable Trust does

Mission

Providing affordable housing options to transition into permanent housing and sustained self-sufficiency to low income working families and individuals who are homeless or facing imminent homelessness in and around princeton, nj

As stated on its FY2025 Form 990.

Program

  1. Housing initiatives of princeton (hip) envisions a diverse, inclusive community where all families can afford to live and thrive. We help mercer county families and individuals facing eviction or homelessness build a sustainable future, by providing stable housing, access to better-paying jobs, and deep wraparound support. Housing initiatives of princeton has three main programs: 1) our transitional housing program with comprehensive wraparound services helps families who lack the income and credit scores to qualify for local affordable housing, or who face multi-year waiting lists for an affordable apartment in our area. While living in hip's housing for 1-2 years and paying 30% of their income in rent, each adult works with a case manager, housing navigator, career and financial coaches, volunteers, and nonprofit partners who offer supportive services to reach personal goals, graduate into an affordable home of their own, and transform their family's future. In 2025, this program served 28 parents and children from 12 families. 2) hip's eviction prevention program provides rental assistance to low-income families who have fallen behind in their rent due to a one-time emergency,…

    $447,231 spentof which $184,704 as grants$45,959 earned by the program
    100% of program spending

The program described on its FY2024 Form 990. Program spending in total: $447,231.

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 ($135k) Expenses 100 ($89k) Net assets 100 ($281k)2018 Revenue 121 ($163k) Expenses 127 ($113k) Net assets 118 ($330k)2019 Revenue 164 ($221k) Expenses 125 ($111k) Net assets 157 ($440k)2020 Revenue 202 ($273k) Expenses 155 ($138k) Net assets 205 ($575k)2021 Revenue 416 ($561k) Expenses 662 ($589k) Net assets 120 ($337k)2022 Revenue 385 ($519k) Expenses 297 ($264k) Net assets 211 ($591k)2023 Revenue 290 ($392k) Expenses 436 ($388k) Net assets 212 ($596k)2024 Revenue 492 ($663k) Expenses 605 ($538k) Net assets 257 ($721k)2025 Revenue 636 ($858k) Expenses 594 ($529k) Net assets 374 ($1.1M)
'17'18'19'20'21'22'23'24'25
Revenue (636)Expenses (594)Net assets (374)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 2024 to 2025, from $858k to $1.2M (+38%).

$457k
$501k
$606k
$736k
$492k
$741k
$740k
$858k
$1.2M
'17'18'19'20'21'22'23'24'25
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
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2021 25% · 2022 25% · 2023 13%. Grants only. Government contracts and fees sit inside program revenue.

93% of HOUSING INITIATIVES OF PRINCETON CHARITABLE TRUST’s revenue is contributions — more reliant on donations than three-quarters of its peers (37% for the typical peer).

This organization
Typical peer · 8,334 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 1 of the last 9 reported years ran a deficit.

$46k
’17
$50k
’18
$110k
’19
$135k
’20
−$28k
’21
$255k
’22
$4k
’23
$126k
’24
$329k
’25
22
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

Lori Troilo

Executive director

Board chair

Thomas Pinneo

Board chair

As listed on its FY2025 Form 990.

'18'19'20'21'22'23'24'25
Listed1413161514151715
Joined·+2+4+2+5+1+7+3
No longer listed·3136055
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 1 funder to 13 funders, grant income rose $8k → $179k.

9 of 27 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 57% 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 INITIATIVES OF PRINCETON CHARITABLE 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

HOUSING INITIATIVES OF PRINCETON CHARITABLE TRUST leans on a few funders — its largest provides 36% of grant income and the top three 65%; half comes from just 2 funders.

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

78% 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 INITIATIVES OF PRINCETON CHARITABLE TRUST.

36%
largest funder
65%
top three
~5
effective funders

Largest funder’s share by year: 2017 100% · 2018 85% · 2019 91% · 2020 78% · 2021 39% · 2022 27% · 2023 53% — 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

71% of HOUSING INITIATIVES OF PRINCETON CHARITABLE TRUST'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

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

57% of HOUSING INITIATIVES OF PRINCETON CHARITABLE 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 $472k that is directly attributable, 96% of it comes from New Jersey funders.

ME
NJ
CT
DE

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

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

Funder states come from each funder’s own filing. $633k 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.

04Its place in the field

Against its field

HOUSING INITIATIVES OF PRINCETON CHARITABLE TRUST runs a healthier operating margin than three-quarters of the 4,980 housing & shelter nonprofits its size.

Operating margin38% · top quartile
Months of reserve21.5mo · top quartile
Revenue growth (annualized)26% · top quartile

this organization peer median middle 50% of peers· 4,980 housing & shelter nonprofits $100k–$1M, FY2025

Organizations like HOUSING INITIATIVES OF PRINCETON CHARITABLE 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 New Jersey

Nationally

05Profile & governance

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

Where the money goes

85% of spending goes to programs.

Program 85%Management 13%Fundraising 3%

Governance

14
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990–Audited financials

Public support

92%

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

Footprint & structure

Files a return copy in 1 state

NJ

Part of a family of 1 related entity

  • 69 David Brearley Inc · exempt

Screen this organization

A dated, signed PDF of the compliance screen for HOUSING INITIATIVES OF PRINCETON CHARITABLE 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.

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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 INITIATIVES OF PRINCETON CHARITABLE TRUST?
HOUSING INITIATIVES OF PRINCETON CHARITABLE TRUST (New Jersey) receives grants from 27 organizations whose IRS filings report $1,104,852 to it, the largest being Princeton Area Community Foundation Inc ($399,585). 15 of them have funded it in more than one year, and 57% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
How many funders does HOUSING INITIATIVES OF PRINCETON CHARITABLE TRUST have?
IRS filings report 27 organizations giving $1,104,852 in grants to HOUSING INITIATIVES OF PRINCETON CHARITABLE TRUST, 15 of which have funded it in more than one year.
Who is the largest funder of HOUSING INITIATIVES OF PRINCETON CHARITABLE TRUST?
Princeton Area Community Foundation Inc is the largest funder on record, with $399,585 in grants. The full list of funders is on this page.
How can an organization like HOUSING INITIATIVES OF PRINCETON CHARITABLE TRUST find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in New Jersey. 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 FY2025 (financials across 2017–2025), and the filings of 27 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