Skip to content

Washington · Nonprofit

Olympic Housing Trust

Olympic Housing Trust (Washington) receives grants from 7 organizations whose IRS filings report $222,902 to it, the largest being JEFFERSON COMMUNITY FOUNDATION ($59,000). 3 of them have funded it in more than one year.

Revenue FY2025
$924k
Funders on record
7
Grants received
$223k
Net assets
$1.2M
3/7 repeat funderspeak grant-dependency 44%
01What it does

What Olympic Housing Trust does

Mission

To develop and steward land for permanently affordable housing and related community needs on the North Olympic Peninsula.

As stated on its FY2025 Form 990.

Programs

  1. OHT's primary activity is affordable housing development. OHT is actively engaged in ongoing project management for two affordable housing construction projects: Dundee Hill, starting in 2025 and Chimacum Commons project started in 2023. Goals of project predevelopment are to design, plan, permit, fund, construct, and sell / rent homes to eligible households. Projects to be built by 2026 and 2027 respectively. OHT has ongoing stewardship activities regarding the four low-income households it serves currently. On an ongoing basis, these homeowners are supported with lease payment monitoring, support in maintenance questions, and resale questions.

    $131,390 spent$100 earned by the program
    100% of program spending
  2. Other program services, not described on the e-filed return.

    $0 spent
    0% of program spending

The 2 programs described on its FY2025 Form 990, listed largest first by expense. Program spending in total: $131,390.

02The organization over time

The organization over time

Each line starts at 100 in 2022, so what you read is the shape rather than the size: 150 means half as much again as 2022, 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 = 20222022 Revenue 100 ($91k) Expenses 100 ($21k) Net assets 0 ($0)2023 Revenue 165 ($150k) Expenses 433 ($90k) Net assets 100 ($461k)2024 Revenue 384 ($349k) Expenses 1270 ($263k) Net assets 119 ($546k)2025 Revenue 1017 ($924k) Expenses 1164 ($241k) Net assets 267 ($1.2M)
2022202320242025
Revenue (1017)Expenses (1164)Net assets (267)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 $566k to $1.2M (+120%).

$0
$476k
$566k
$1.2M
2022202320242025
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.

2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2023 0% · 2024 0% · 2025 10%. Grants only. Government contracts and fees sit inside program revenue.

100% of Olympic Housing 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. 0 of the last 4 reported years ran a deficit.

$70k
’22
$60k
’23
$86k
’24
$683k
’25
36
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

Kathy Morgan

Executive Director

As listed on its FY2025 Form 990.

202320242025
Listed778
Joined·+1+6
No longer listed·15
03Who funds it

Who funds it, year by year

Grant support over time, funder by funder — shade shows the grant size each year.

3 of 7 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 49% 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 Olympic Housing 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

Olympic Housing Trust has a broad base — no single funder exceeds 26% 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

49% 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 Olympic Housing Trust.

26%
largest funder
62%
top three
~6
effective funders

“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

66% of Olympic Housing Trust's grant income comes from Washington funders.

WA
MN

Funder states come from each funder’s own filing. $109k arriving through sponsors registered in 3 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

Olympic Housing Trust runs a healthier operating margin than three-quarters of the 4,980 housing & shelter nonprofits its size.

Operating margin74% · top quartile
Months of reserve36.1mo · top quartile
Revenue growth (annualized)117% · top quartile

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

Organizations like Olympic Housing 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 Washington

Nationally

05Profile & governance

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

Where the money goes

55% of spending goes to programs.

Program 55%Management 42%Fundraising 4%

Governance

7
board members
100%
independent
✓Conflict-of-interest policy–Whistleblower policy–Document retention✓Board reviewed the 990–Audited financials

Public support

81%

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

Screen this organization

A dated, signed PDF of the compliance screen for Olympic Housing 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.

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 Olympic Housing Trust?
Olympic Housing Trust (Washington) receives grants from 7 organizations whose IRS filings report $222,902 to it, the largest being JEFFERSON COMMUNITY FOUNDATION ($59,000). 3 of them have funded it in more than one year.
How many funders does Olympic Housing Trust have?
IRS filings report 7 organizations giving $222,902 in grants to Olympic Housing Trust, 3 of which have funded it in more than one year.
Who is the largest funder of Olympic Housing Trust?
JEFFERSON COMMUNITY FOUNDATION is the largest funder on record, with $59,000 in grants. The full list of funders is on this page.
How can an organization like Olympic Housing Trust find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Washington. 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 Olympic Housing →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2022–2025), and the filings of 7 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