Skip to content

California · Nonprofit

MIDPEN HOUSING CORPORATION

MIDPEN HOUSING CORPORATION (California) receives grants from 40 organizations whose IRS filings report $60,266,689 to it, the largest being MID-PENINSULA PICKERING INC ($7,239,000). 27 of them have funded it in more than one year.

Revenue FY2025
$109M
Funders on record
40
Grants received
$60M
Net assets
$390M
27/40 repeat funderspeak grant-dependency 21%
01What it does

What Midpen Housing Corporation does

Mission

In conjunction with related organizations, Midpen Housing Corporation's mission is to provide safe, affordable housing of high quality to those in need; to establish stability and opportunity in the lives of residents; and to foster diverse communities that allow people from all ethnic, social and economic backgrounds to live in dignity, harmony, and mutual respect.

As stated on its FY2025 Form 990.

Program

  1. The corporation develops and operates safe and affordable housing of high quality for low- and very-low income individuals and families, including elderly and disabled persons.

    $24,706,148 spentof which $2,346,886 as grants$49,985,858 earned by the program
    100% of program spending

The program described on its FY2025 Form 990. Program spending in total: $24,706,148.

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 ($31M) Expenses 100 ($17M) Net assets 100 ($135M)2018 Revenue 81 ($25M) Expenses 110 ($19M) Net assets 104 ($139M)2019 Revenue 148 ($46M) Expenses 118 ($20M) Net assets 125 ($168M)2020 Revenue 209 ($65M) Expenses 145 ($25M) Net assets 157 ($211M)2021 Revenue 163 ($51M) Expenses 130 ($22M) Net assets 181 ($244M)2022 Revenue 199 ($62M) Expenses 222 ($38M) Net assets 192 ($258M)2023 Revenue 179 ($56M) Expenses 211 ($36M) Net assets 213 ($286M)2024 Revenue 178 ($55M) Expenses 194 ($34M) Net assets 231 ($311M)2025 Revenue 350 ($109M) Expenses 207 ($36M) Net assets 290 ($390M)
'17'18'19'20'21'22'23'24'25
Revenue (350)Expenses (207)Net assets (290)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 $359M to $441M (+23%).

$147M
$155M
$187M
$241M
$279M
$304M
$339M
$359M
$441M
'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: 2017 0% · 2018 0% · 2019 2% · 2020 15% · 2021 16% · 2022 22% · 2023 24% · 2024 17% · 2025 30%. Grants only. Government contracts and fees sit inside program revenue.

45% of MIDPEN HOUSING CORPORATION’s revenue is contributions — more donation-reliant than the typical peer (11% for the typical peer).

This organization
Typical peer · 37 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 0 of the last 9 reported years ran a deficit.

$14M
’17
$6.2M
’18
$26M
’19
$40M
’20
$28M
’21
$24M
’22
$19M
’23
$22M
’24
$73M
’25
15
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.

Board chair

Eric Harrison

Chairperson

As listed on its FY2025 Form 990.

'17'18'19'20'21'22'23'24'25
Listed202220192119192219
Joined·+7+3+0+5+3+2+8+1
No longer listed·55135254
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 16 funders to 24 funders, grant income rose $3.2M → $7.0M.

3 of 40 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 1% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

Left out of every figure on this page: $63M from 3 payers (an institutional transfer, not a grant programme, largest Mid-Peninsula Baker Park Inc). These are real filings, and they are not money MIDPEN HOUSING CORPORATION raised.

From the IRS filings of MIDPEN HOUSING CORPORATION’s funders (the co-funder graph). Top 30 of 40 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

MIDPEN HOUSING CORPORATION has a broad base — no single funder exceeds 12% of grant income, and it takes 5 funders to reach half.

the vertical line marks half of all grant income — 5 funders to its left

100% 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 MIDPEN HOUSING CORPORATION.

12%
largest funder
34%
top three
~13
effective funders

Largest funder’s share by year: 2017 17% · 2018 26% · 2019 16% · 2020 40% · 2021 18% · 2022 28% · 2023 19% — 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.

How long its funders stay

68% of MIDPEN HOUSING CORPORATION's funders are still giving 3 years after their first grant; 68% 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

97% of MIDPEN HOUSING CORPORATION's grant income comes from California funders.

NY
MA
NV
CA
MO

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. $400k 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.

04Its place in the field

Against its field

MIDPEN HOUSING CORPORATION runs a healthier operating margin than three-quarters of the 19 housing & shelter nonprofits its size.

Operating margin67% · top quartile
Months of reserve14.8mo · top quartile
Revenue growth (annualized)17% · top quartile

this organization peer median middle 50% of peers· 19 housing & shelter nonprofits over $100M, FY2025

Government funding MIDPEN HOUSING CORPORATION receives

Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $32.1M on record.

Federal$32.1M
grants $32.1Mcontracts $0
18
19
20
21
22
23
24
25
Top agencies
  • Department of the Treasury$30.0M
  • Department of Housing and Urban Development$2.1M

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 MIDPEN HOUSING CORPORATION

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

69% of spending goes to programs.

Program 69%Management 31%Fundraising 0%

Governance

12
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Public support

76%

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

Part of a family of 225 related entities

  • Mp Land Holdings LLC · disregarded
  • Mp Park Place LLC · disregarded
  • Mp Moss Beach Homes LLC · disregarded
  • Mp Roseland Village LLC · disregarded
  • Mp Irvington LLC · disregarded

Screen this organization

A dated, signed PDF of the compliance screen for MIDPEN HOUSING CORPORATION: 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 MIDPEN HOUSING CORPORATION?
MIDPEN HOUSING CORPORATION (California) receives grants from 40 organizations whose IRS filings report $60,266,689 to it, the largest being MID-PENINSULA PICKERING INC ($7,239,000). 27 of them have funded it in more than one year.
How many funders does MIDPEN HOUSING CORPORATION have?
IRS filings report 40 organizations giving $60,266,689 in grants to MIDPEN HOUSING CORPORATION, 27 of which have funded it in more than one year.
Who is the largest funder of MIDPEN HOUSING CORPORATION?
MID-PENINSULA PICKERING INC is the largest funder on record, with $7,239,000 in grants. The full list of funders is on this page.
How can an organization like MIDPEN HOUSING CORPORATION 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 FY2025 (financials across 2017–2025), and the filings of 40 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 22, 2026. What this page cannot tell you · view filing