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Pennsylvania · Nonprofit

PROJECT HOME COMMUNITY DEVELOPMENT CORPORATION

PROJECT HOME COMMUNITY DEVELOPMENT CORPORATION (Pennsylvania) receives grants from 6 organizations whose IRS filings report $5,884,034 to it, the largest being COMMONWEALTH CORNERSTONE GROUP ($5,000,000). 4 of them have funded it in more than one year.

Revenue FY2024
$1.3M
Funders on record
6
Grants received
$5.9M
Net assets
$-6770146
4/6 repeat funderspeak grant-dependency 20%
01What it does

What Project Home Community Development Corporation does

Mission

To provide affordable housing for low-income individuals and families in philadelphia, pa. The corporation acquires, rehabilitates and sells properties to qualifying individuals and operates 112 affordable housing units and commercial space.

As stated on its FY2024 Form 990.

Program

  1. Operation of affordable housing units rented to low-income individuals and commercial space to non-profit organizations.

    $1,264,715 spent
    100% of program spending

The program described on its FY2024 Form 990. Program spending in total: $1,264,715.

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 ($1.6M) Net assets 100 ($4.7M)2018 Revenue 140 ($1.5M) Expenses 108 ($1.8M) Net assets 94 ($4.4M)2019 Revenue 139 ($1.5M) Expenses 114 ($1.8M) Net assets 86 ($4.1M)2020 Revenue 1482 ($16M) Expenses 1450 ($23M) Net assets -80 ($-3764182)2021 Revenue 103 ($1.1M) Expenses 113 ($1.8M) Net assets -95 ($-4503439)2022 Revenue 102 ($1.1M) Expenses 117 ($1.9M) Net assets -113 ($-5312844)2023 Revenue 111 ($1.2M) Expenses 118 ($1.9M) Net assets -128 ($-6056441)2024 Revenue 120 ($1.3M) Expenses 122 ($2.0M) Net assets -143 ($-6770146)
'17'18'19'20'21'22'23'24
Revenue (120)Expenses (122)Net assets (-143)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 2019 to 2020, from $13M to $5.1M (−59%).

$12M
$13M
$13M
$5.1M
$4.8M
$4.5M
$4.3M
$4.0M
'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

Government-grant reliance: 2017 53% · 2018 38% · 2019 41% · 2020 4% · 2021 53% · 2022 56% · 2023 56% · 2024 58%. Grants only. Government contracts and fees sit inside program revenue.

58% of PROJECT HOME COMMUNITY DEVELOPMENT CORPORATION’s revenue is contributions — about as donation-reliant as the typical peer (61% for the typical peer).

This organization
Typical peer · 4,434 orgs

Surplus & reserves

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

−$564k
’17
−$272k
’18
−$373k
’19
−$7.8M
’20
−$739k
’21
−$809k
’22
−$744k
’23
−$714k
’24
0.7
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.

'17'18'19'20'21'22'23'24
Listed66656767
Joined·+0+0+0+1+2+1+1
No longer listed·0010120
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 1 funder to 3 funders, grant income rose $8k → $236k.

2 of 6 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.

From the IRS filings of PROJECT HOME COMMUNITY DEVELOPMENT CORPORATION’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

PROJECT HOME COMMUNITY DEVELOPMENT CORPORATION leans on a few funders — its largest provides 85% of grant income and the top three 99%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

86% 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 PROJECT HOME COMMUNITY DEVELOPMENT CORPORATION.

85%
largest funder
99%
top three
~1
effective funders

Largest funder’s share by year: 2017 100% · 2019 100% · 2020 99% · 2021 78% · 2022 58% · 2023 99% — 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.

Where its funders are

86% of PROJECT HOME COMMUNITY DEVELOPMENT CORPORATION's grant income comes from Pennsylvania funders.

NY
PA
DE
FL

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

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

Funder states come from each funder’s own filing. $74k 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

PROJECT HOME COMMUNITY DEVELOPMENT CORPORATION's funding base is broadening — from 1 funders to 3 as grant income climbed.

Operating margin−56% · bottom quartile
Months of reserve0.7mo · bottom quartile
Revenue growth (annualized)3% · bottom quartile

this organization peer median middle 50% of peers· 4,203 community improvement nonprofits $1M–$10M, FY2024

Government funding PROJECT HOME COMMUNITY DEVELOPMENT CORPORATION receives

Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $124k on record.

Federal$124k
grants $124kcontracts $0
Top agencies
  • Department of Veterans Affairs$124k

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 PROJECT HOME COMMUNITY DEVELOPMENT 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 Pennsylvania

Nationally

05Profile & governance

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

Where the money goes

64% of spending goes to programs.

Program 64%Management 36%Fundraising 0%

Governance

5
board members
60%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Public support

96%

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

Footprint & structure

Part of a family of 1 related entity

  • Project Home · exempt

Screen this organization

A dated, signed PDF of the compliance screen for PROJECT HOME COMMUNITY DEVELOPMENT 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.

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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 PROJECT HOME COMMUNITY DEVELOPMENT CORPORATION?
PROJECT HOME COMMUNITY DEVELOPMENT CORPORATION (Pennsylvania) receives grants from 6 organizations whose IRS filings report $5,884,034 to it, the largest being COMMONWEALTH CORNERSTONE GROUP ($5,000,000). 4 of them have funded it in more than one year.
How many funders does PROJECT HOME COMMUNITY DEVELOPMENT CORPORATION have?
IRS filings report 6 organizations giving $5,884,034 in grants to PROJECT HOME COMMUNITY DEVELOPMENT CORPORATION, 4 of which have funded it in more than one year.
Who is the largest funder of PROJECT HOME COMMUNITY DEVELOPMENT CORPORATION?
COMMONWEALTH CORNERSTONE GROUP is the largest funder on record, with $5,000,000 in grants. The full list of funders is on this page.
How can an organization like PROJECT HOME COMMUNITY DEVELOPMENT CORPORATION find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Pennsylvania. 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 Project Home Community Development →

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 6 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