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California · Nonprofit

SAN FRANCISCO HOUSING DEVELOPMENT CORPORATION

SAN FRANCISCO HOUSING DEVELOPMENT CORPORATION (California) receives grants from 15 organizations whose IRS filings report $2,218,384 to it, the largest being THE SAN FRANCISCO FOUNDATION ($1,005,000). 7 of them have funded it in more than one year.

Revenue FY2025
$9.2M
Funders on record
15
Grants received
$2.2M
Net assets
$12M
7/15 repeat funderspeak grant-dependency 14%
01What it does

What San Francisco Housing Development Corporation does

Mission

We foster financial stability through the development of affordable housing, the facilitation of asset building, and revitalization of san francisco's underserved neighborhoods.

As stated on its FY2025 Form 990.

Programs

  1. Real estate development:sfhdc's real estate development team completed renovations and lease-up of 168 sickles ave, a 12-unit preservation project; began renovations on 936 geary street, 375 14th street, and 528 natoma street, preserving another 51 affordable units; and made progress on pre-development for the soon-to-be-constructed 160 freelon street and shipyard block 56, totaling approximately 145 new units.

    $3,012,229 spent$1,078,068 earned by the program
    43% of program spending
  2. Financial empowerment & housing counseling:sfhdc's financial empowerment program educated 1,465 low- and moderate-income individuals through first-time homebuyer workshops; provided rental counseling to over 200 clients; improved the financial literacy of hundreds of additional clients; and supported 35 households in buying their first homes.

    $610,042 spent$3,255,262 earned by the program
    9% of program spending
  3. Resident services:in the area of resident services, sfhdc provided meaningful, on-site support to approximately 2,500 residents across eight sites, including two new properties. It also hosted dozens of community-building activities and events, serving youth, adults, seniors, and whole families.

    $1,265,873 spentof which $3,600 as grants$700,175 earned by the program
    18% of program spending
  4. Economic development:our economic development program launched "in the black", a brick and mortar shop featuring products by 20 black entrepreneurs; graduated two cohorts, totaling 67 businesses, through our "minding my black-owned business" technical assistance program; sourced 9,500 hot meals through local chefs for distribution to low-income seniors; and coordinated the juneteenth festival and the western addition music festival, attracting thousands of attendees

    $2,048,685 spent$446,962 earned by the program
    30% of program spending

The 4 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $6,936,829.

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.

100 = 20172017 Revenue 100 ($2.9M) Expenses 100 ($2.6M) Net assets 100 ($4.3M)2018 Revenue 127 ($3.7M) Expenses 114 ($3.0M) Net assets 116 ($5.0M)2019 Revenue 200 ($5.9M) Expenses 154 ($4.1M) Net assets 131 ($5.7M)2020 Revenue 175 ($5.1M) Expenses 149 ($3.9M) Net assets 159 ($6.9M)2021 Revenue 305 ($8.9M) Expenses 166 ($4.4M) Net assets 264 ($11M)2022 Revenue 304 ($8.9M) Expenses 238 ($6.3M) Net assets 325 ($14M)2023 Revenue 300 ($8.8M) Expenses 358 ($9.4M) Net assets 310 ($13M)2024 Revenue 281 ($8.2M) Expenses 421 ($11M) Net assets 257 ($11M)2025 Revenue 313 ($9.2M) Expenses 338 ($8.9M) Net assets 271 ($12M)
'17'18'19'20'21'22'23'24'25
Revenue (313)Expenses (338)Net assets (271)

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2021 to 2022, from $22M to $37M (+67%).

$6.7M
$7.6M
$12M
$14M
$22M
$37M
$44M
$47M
$50M
'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 42% · 2018 49% · 2019 23% · 2020 39% · 2021 25% · 2022 31% · 2023 60% · 2024 76% · 2025 31%. Grants only. Government contracts and fees sit inside program revenue.

Surplus & reserves

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

$290k
’17
$709k
’18
$1.8M
’19
$1.2M
’20
$4.6M
’21
$2.6M
’22
−$648k
’23
−$2.9M
’24
$255k
’25
1.5
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

David J Sobel

CEO

Board chair

Lena Robinson

Chair

As listed on its FY2025 Form 990.

'17'18'19'20'21'22'23'24'25
Listed111215141314161819
Joined·+2+3+3+1+1+5+6+3
No longer listed·10420342
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 2 funders to 8 funders, grant income rose $62k → $469k.

4 of 15 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 48% 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 SAN FRANCISCO HOUSING 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

SAN FRANCISCO HOUSING DEVELOPMENT CORPORATION leans on a few funders — its largest provides 45% of grant income and the top three 72%; half comes from just 2 funders.

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

94% 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 SAN FRANCISCO HOUSING DEVELOPMENT CORPORATION.

45%
largest funder
72%
top three
~4
effective funders

Largest funder’s share by year: 2017 81% · 2018 99% · 2019 83% · 2020 46% · 2021 49% · 2022 50% · 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

60% of SAN FRANCISCO HOUSING DEVELOPMENT CORPORATION's funders are still giving 3 years after their first grant; 47% give in more than one year at all.

first grant+1y+2y+3y+4y

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

72% of SAN FRANCISCO HOUSING DEVELOPMENT CORPORATION's grant income comes from California funders.

IL
NY
CA
MD
DE
FL

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

’18
’19
’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 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

Government funding SAN FRANCISCO HOUSING DEVELOPMENT CORPORATION receives

Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $251k on record.

Federal$251k
grants $251kcontracts $0
19
20
22
23
24
Top agencies
  • Department of Housing and Urban Development$251k

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 SAN FRANCISCO HOUSING 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 California

Nationally

05Profile & governance

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

Where the money goes

78% of spending goes to programs.

Program 78%Management 19%Fundraising 3%

Governance

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

Public support

99%

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 47 related entities

  • Green Blended Communities LLC · disregarded
  • Sfhdc Alice Griffith I LLC · disregarded
  • Sfhdc Alice Griffith 3a LLC · disregarded
  • Sfhdc Alice Griffith 3b LLC · disregarded
  • Sfhdc 160 Freelon LLC · disregarded

Screen this organization

A dated, signed PDF of the compliance screen for SAN FRANCISCO HOUSING 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.

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 SAN FRANCISCO HOUSING DEVELOPMENT CORPORATION?
SAN FRANCISCO HOUSING DEVELOPMENT CORPORATION (California) receives grants from 15 organizations whose IRS filings report $2,218,384 to it, the largest being THE SAN FRANCISCO FOUNDATION ($1,005,000). 7 of them have funded it in more than one year.
How many funders does SAN FRANCISCO HOUSING DEVELOPMENT CORPORATION have?
IRS filings report 15 organizations giving $2,218,384 in grants to SAN FRANCISCO HOUSING DEVELOPMENT CORPORATION, 7 of which have funded it in more than one year.
Who is the largest funder of SAN FRANCISCO HOUSING DEVELOPMENT CORPORATION?
THE SAN FRANCISCO FOUNDATION is the largest funder on record, with $1,005,000 in grants. The full list of funders is on this page.
How can an organization like SAN FRANCISCO HOUSING DEVELOPMENT 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 15 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