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Indiana · Nonprofit

SOUTHERN IN HOUSING & COMMUNITY DEVELOPMENT CORP

SOUTHERN IN HOUSING & COMMUNITY DEVELOPMENT CORP (Indiana) receives grants from 3 organizations whose IRS filings report $92,500 to it, the largest being HERITAGE FUND - THE COMMUNITY FOUNDATION OF BARTHOLOMEW COUNTY INC ($57,500). 2 of them have funded it in more than one year, and 62% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.

Revenue FY2024
$10.0M
Funders on record
3
Grants received
$93k
Net assets
$8.0M
2/3 repeat funderspeak grant-dependency 8%
01What it does

What Southern in Housing & Community Development Corp does

Mission

To enhance and develop the social, economic, and physical resources of communities around indiana and their residents; to improve the quality of housing and assist in the development of employment opportunities particularly for persons of low to moderate income.

As stated on its FY2024 Form 990.

Programs

  1. To enhance and develop the social, economic & physical resources of communities around indiana and their residents; to improve the quality of housing and assist in developing employment opportunities, particularly for persons of low to moderate income.

    $9,614,411 spent$9,767,766 earned by the program
    94% of program spending
  2. To provide affordable housing for low to moderate income individuals in the rush county, indiana area.

    $533,395 spent$183,911 earned by the program
    5% of program spending
  3. To provide affordable housing for low to moderate income senior citizens in columbus, indiana.

    $41,894 spent$47,365 earned by the program
    0% of program spending

The 3 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $10,189,700.

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 ($198k) Expenses 100 ($217k) Net assets 100 ($2.5M)2018 Revenue 358 ($708k) Expenses 121 ($263k) Net assets 135 ($3.4M)2019 Revenue 166 ($328k) Expenses 396 ($861k) Net assets 114 ($2.8M)2020 Revenue 182 ($359k) Expenses 276 ($600k) Net assets 371 ($9.3M)2021 Revenue 275 ($544k) Expenses 427 ($929k) Net assets 356 ($8.9M)2022 Revenue 628 ($1.2M) Expenses 722 ($1.6M) Net assets 343 ($8.6M)2023 Revenue 4692 ($9.3M) Expenses 4366 ($9.5M) Net assets 335 ($8.4M)2024 Revenue 5054 ($10.0M) Expenses 4751 ($10M) Net assets 322 ($8.0M)
'17'18'19'20'21'22'23'24
Revenue (5054)Expenses (4751)Net assets (322)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 2017 to 2018, from $2.7M to $7.0M (+163%).

$2.7M
$7.0M
$9.7M
$9.9M
$9.5M
$9.6M
$9.2M
$9.4M
'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 34% · 2018 80% · 2019 12% · 2020 2% · 2021 52% · 2022 78% · 2023 91% · 2024 97%. Grants only. Government contracts and fees sit inside program revenue.

97% of SOUTHERN IN HOUSING & COMMUNITY DEVELOPMENT CORP’s revenue is contributions — more reliant on donations than three-quarters of its peers (39% for the typical peer).

This organization
Typical peer · 4,214 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 7 of the last 8 reported years ran a deficit.

−$19k
’17
$445k
’18
−$533k
’19
−$241k
’20
−$384k
’21
−$327k
’22
−$200k
’23
−$321k
’24
0.5
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

Tobi Herron

Executive director

As listed on its FY2024 Form 990.

The chief executive listed changed between the FY2022 and FY2023 filings.

'17'18'19'20'21'22'23'24
Listed910151212121311
Joined·+4+5+4+2+2+1+0
No longer listed·3072202
03Who funds it

Who funds it, year by year

2018 → 2023: the base held at 1 funder, grant income fell $33k → $15k.

1 of 3 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 62% 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 SOUTHERN IN HOUSING & COMMUNITY DEVELOPMENT CORP’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

SOUTHERN IN HOUSING & COMMUNITY DEVELOPMENT CORP leans on a few funders — its largest provides 62% of grant income and the top three 100%; half comes from just 1 funder.

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

62% 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 SOUTHERN IN HOUSING & COMMUNITY DEVELOPMENT CORP.

62%
largest funder
100%
top three
~2
effective funders

Largest funder’s share by year: 2018 100% · 2019 100% · 2022 100% · 2023 100% — 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

62% of SOUTHERN IN HOUSING & COMMUNITY DEVELOPMENT CORP'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 $35k that is directly attributable, 100% of it comes from funders outside Indiana, across 2 states.

OH
TX

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

’22
’23
Indiana out of state home

Funder states come from each funder’s own filing. $58k arriving through sponsors registered in 1 state 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

SOUTHERN IN HOUSING & COMMUNITY DEVELOPMENT CORP has grown faster than three-quarters of the 3,973 housing & shelter nonprofits its size.

Operating margin−3% · below the median
Months of reserve0.5mo · bottom quartile
Revenue growth (annualized)75% · top quartile

this organization peer median middle 50% of peers· 3,973 housing & shelter nonprofits $1M–$10M, FY2024

Government funding SOUTHERN IN HOUSING & COMMUNITY DEVELOPMENT CORP receives

Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $500k on record.

Federal$500k
grants $500kcontracts $0
Top agencies
  • Department of the Interior$500k

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 SOUTHERN IN HOUSING & COMMUNITY DEVELOPMENT CORP

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 Indiana

Nationally

05Profile & governance

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

Where the money goes

99% of spending goes to programs.

Program 99%Management 1%Fundraising 0%

Governance

11
board members
100%
independent
–Conflict-of-interest policy–Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Public support

7%

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

Footprint & structure

Files a return copy in 1 state

IN

Screen this organization

A dated, signed PDF of the compliance screen for SOUTHERN IN HOUSING & COMMUNITY DEVELOPMENT CORP: 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 SOUTHERN IN HOUSING & COMMUNITY DEVELOPMENT CORP?
SOUTHERN IN HOUSING & COMMUNITY DEVELOPMENT CORP (Indiana) receives grants from 3 organizations whose IRS filings report $92,500 to it, the largest being HERITAGE FUND - THE COMMUNITY FOUNDATION OF BARTHOLOMEW COUNTY INC ($57,500). 2 of them have funded it in more than one year, and 62% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
How many funders does SOUTHERN IN HOUSING & COMMUNITY DEVELOPMENT CORP have?
IRS filings report 3 organizations giving $92,500 in grants to SOUTHERN IN HOUSING & COMMUNITY DEVELOPMENT CORP, 2 of which have funded it in more than one year.
Who is the largest funder of SOUTHERN IN HOUSING & COMMUNITY DEVELOPMENT CORP?
HERITAGE FUND - THE COMMUNITY FOUNDATION OF BARTHOLOMEW COUNTY INC is the largest funder on record, with $57,500 in grants. The full list of funders is on this page.
How can an organization like SOUTHERN IN HOUSING & COMMUNITY DEVELOPMENT CORP find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Indiana. 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 Southern in Housing & 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 3 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