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California · Nonprofit

INVISIBLE PEOPLE

INVISIBLE PEOPLE (California) receives grants from 23 organizations whose IRS filings report $2,004,662 to it, the largest being THE MELVILLE CHARITABLE TRUST INC ($490,000). 10 of them have funded it in more than one year, and 56% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.

Revenue FY2025
$910k
Funders on record
23
Grants received
$2.0M
Net assets
$709k
10/23 repeat funderspeak grant-dependency 95%
01What it does

What Invisible People does

Mission

Invisible People is dedicated to educating the public about homelessness through storytelling, journalism, and advocacy to influence policy change.

As stated on its FY2025 Form 990.

Program

  1. In 2025, Invisible People reached nearly 200 million digital impressions, generated over 23.3 million engagements, and grew to a community of more than 3 million people. We produced high-impact documentaries used in legislative campaigns, operated the only nonprofit newsroom exclusively focused on homelessness, and published nearly 300 original articles, including work from writers with lived experience. Our video-first strategy expanded reach across platforms, while our homeless unfiltered podcast reached more than 336,000 people and influenced national conversations. We also launched the first research-based homelessness advocacy messaging toolkit, helping advocates build public support for housing solutions. As misinformation and criminalization increase, Invisible People continues to change the narrative, influence policy, and elevate lived experience to drive real solutions.

    $633,027 spentof which $2,667 as grants
    100% of program spending

The program described on its FY2025 Form 990. Program spending in total: $633,027.

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 ($150k) Expenses 100 ($121k) Net assets 100 ($79k)2018 Revenue 123 ($185k) Expenses 120 ($146k) Net assets 149 ($117k)2019 Revenue 229 ($345k) Expenses 216 ($263k) Net assets 254 ($200k)2020 Revenue 305 ($458k) Expenses 206 ($250k) Net assets 518 ($408k)2021 Revenue 418 ($629k) Expenses 330 ($401k) Net assets 808 ($636k)2022 Revenue 540 ($812k) Expenses 543 ($659k) Net assets 1002 ($789k)2023 Revenue 411 ($618k) Expenses 642 ($780k) Net assets 797 ($627k)2024 Revenue 486 ($731k) Expenses 654 ($794k) Net assets 717 ($564k)2025 Revenue 606 ($910k) Expenses 630 ($764k) Net assets 901 ($709k)
'17'18'19'20'21'22'23'24'25
Revenue (606)Expenses (630)Net assets (901)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 2020 to 2021, from $408k to $636k (+56%).

$82k
$119k
$202k
$408k
$636k
$791k
$635k
$578k
$709k
'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

96% of INVISIBLE PEOPLE’s revenue is contributions — more donation-reliant than the typical peer (91% for the typical peer).

This organization
Typical peer · 23,870 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 2 of the last 9 reported years ran a deficit.

$29k
’17
$39k
’18
$82k
’19
$208k
’20
$228k
’21
$153k
’22
−$162k
’23
−$63k
’24
$146k
’25
11
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

Mark Horvath

Founder and CEO

Board chair

Joanne Goldblum

Board chair

As listed on its FY2025 Form 990.

2019202020212022202320242025
Listed7677165
Joined·+2+1+1··+1
No longer listed·301··2
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 1 funder to 12 funders, grant income rose $6k → $336k.

8 of 23 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 56% 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 INVISIBLE PEOPLE’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

INVISIBLE PEOPLE has a broad base — no single funder exceeds 24% of grant income, and it takes 3 funders to reach half.

the vertical line marks half of all grant income — 3 funders to its left

68% 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 INVISIBLE PEOPLE.

24%
largest funder
53%
top three
~8
effective funders

Largest funder’s share by year: 2017 100% · 2019 65% · 2020 26% · 2021 36% · 2022 48% · 2023 22% — 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

60% of INVISIBLE PEOPLE's funders are still giving 3 years after their first grant; 43% 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

56% of INVISIBLE PEOPLE'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 $883k that is directly attributable, 84% of it comes from funders outside California, across 9 states.

IL
NY
CT
CA
MD
DE
DC
TX
FL

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

’20
’21
’22
’23
California out of state home

Funder states come from each funder’s own filing. $1.1M 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

INVISIBLE PEOPLE has grown faster than three-quarters of the 13,062 human services nonprofits its size.

Operating margin16% · above the median
Months of reserve11.1mo · above the median
Revenue growth (annualized)25% · top quartile

this organization peer median middle 50% of peers· 13,062 human services nonprofits $100k–$1M, FY2025

Organizations like INVISIBLE PEOPLE

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

83% of spending goes to programs.

Program 83%Management 13%Fundraising 4%

Governance

4
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990–Audited financials

Public support

0%

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 INVISIBLE PEOPLE: 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.

A paid feature, included from the $75 plan up. Sign in to download.

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 INVISIBLE PEOPLE?
INVISIBLE PEOPLE (California) receives grants from 23 organizations whose IRS filings report $2,004,662 to it, the largest being THE MELVILLE CHARITABLE TRUST INC ($490,000). 10 of them have funded it in more than one year, and 56% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
How many funders does INVISIBLE PEOPLE have?
IRS filings report 23 organizations giving $2,004,662 in grants to INVISIBLE PEOPLE, 10 of which have funded it in more than one year.
Who is the largest funder of INVISIBLE PEOPLE?
THE MELVILLE CHARITABLE TRUST INC is the largest funder on record, with $490,000 in grants. The full list of funders is on this page.
How can an organization like INVISIBLE PEOPLE 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.

Play a game about who funds Invisible People →

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 23 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