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Rhode Island · Nonprofit

WEST ELMWOOD HOUSING DEVELOPMENT CO

WEST ELMWOOD HOUSING DEVELOPMENT CO (Rhode Island) receives grants from 15 organizations whose IRS filings report $2,884,860 to it, the largest being NEIGHBORHOOD REINVESTMENT CORPORATION DBA NEIGHBORWORKS AMERICA ($1,770,255). 6 of them have funded it in more than one year.

$1.3M
Revenue FY2024
15
Funders on record
$2.9M
Grants received
$-403243
Net assets
6/15 repeat funderspeak grant-dependency 36%

Against its field

WEST ELMWOOD HOUSING DEVELOPMENT CO is better cushioned than half of the 3,969 housing & shelter nonprofits its size.

Operating margin−24% · bottom quartile
Months of reserve4.6mo · above the median
Revenue growth (annualized)7% · below the median

this organization peer median middle 50% of peers· 3,969 housing & shelter nonprofits $1M–$10M, FY2024

Three funders worth looking at

Grantmakers with no record of funding this organization, ranked by how strongly the co-funder graph and the mission embeddings agree. The evidence is in section 03.

See all 12 prospects and why each one surfaced →
01The 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 ($805k) Expenses 100 ($775k) Net assets 100 ($2.1M)2018 Revenue 97 ($783k) Expenses 145 ($1.1M) Net assets 83 ($1.8M)2019 Revenue 188 ($1.5M) Expenses 211 ($1.6M) Net assets 79 ($1.7M)2020 Revenue 310 ($2.5M) Expenses 288 ($2.2M) Net assets 92 ($2.0M)2021 Revenue 283 ($2.3M) Expenses 287 ($2.2M) Net assets 89 ($1.9M)2022 Revenue 210 ($1.7M) Expenses 270 ($2.1M) Net assets 70 ($1.5M)2023 Revenue 194 ($1.6M) Expenses 221 ($1.7M) Net assets -4 ($-96397)2024 Revenue 159 ($1.3M) Expenses 205 ($1.6M) Net assets -19 ($-403243)
'17'18'19'20'21'22'23'24
Revenue (159)Expenses (205)Net assets (-19)Peer revenue range

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 76% · 2018 83% · 2019 92% · 2020 78% · 2021 90% · 2022 86% · 2023 57% · 2024 91%. Grants only. Government contracts and fees sit inside program revenue.

92% of WEST ELMWOOD HOUSING DEVELOPMENT CO’s revenue is contributions — more reliant on donations than three-quarters of its peers (39% for the typical peer).

This organization
Typical peer · 4,227 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 5 of the last 8 reported years ran a deficit.

$31k
17
$341k
18
$117k
19
$266k
20
$59k
21
$395k
22
$152k
23
$307k
24
4.6
months of
reserve
02Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 3 funders to 4 funders, grant income fell $293k → $276k.

4 of 15 of your funders are donor-advised or pass-through sponsors (tagged DAF)26% 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 WEST ELMWOOD HOUSING DEVELOPMENT CO’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

WEST ELMWOOD HOUSING DEVELOPMENT CO leans on a few funders — its largest provides 61% of grant income and the top three 87%; half comes from just 1 funder.

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

90% 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 WEST ELMWOOD HOUSING DEVELOPMENT CO.

61%
largest funder
87%
top three
~2
effective funders

Largest funder’s share by year: 2017 79% · 2018 76% · 2019 73% · 2020 54% · 2021 62% · 2022 44% · 2023 67%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

27% of WEST ELMWOOD HOUSING DEVELOPMENT CO's funders are still giving 3 years after their first grant; 40% give in more than one year at all.

first grant+1y+2y+3y+4y+5y

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

WEST ELMWOOD HOUSING DEVELOPMENT CO draws 97% of its grant income from funders outside Rhode Island, across 6 states in all.

NY
MA
PA
RI
NC
DC

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

17
18
19
20
21
22
23
Rhode Island out of state home

Funder states come from each funder’s own filing. $747k 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.

03Its place in the field

Funders to approach

Grantmakers that don’t fund you yet, surfaced two ways: they back organizations that share your funders, or their grantees resemble your mission. The ones both signals agree on come first. Your 15 funders put you under-funded among the 400 organizations that share them.

From the co-funder graph (funders backing at least two comparable organizations, shrunk for grantee count, donor-advised and mega-funds excluded) and the universe embeddings. A research starting point; overlap is association, not a guarantee of fit.

Government funding WEST ELMWOOD HOUSING DEVELOPMENT CO 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 the Treasury$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 WEST ELMWOOD HOUSING DEVELOPMENT CO

Nonprofits whose mission and program text most resemble this one, by semantic similarity over the universe of US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Rhode Island

Nationally

04Profile & governance

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

Where the money goes

83% of spending goes to programs.

Program 83%Management 17%Fundraising 0%

Governance

10
board members
90%
independent
Conflict-of-interest policyWhistleblower policyDocument retentionBoard reviewed the 990Audited financials

Public support

99%

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

Footprint & structure

Part of a family of 18 related entities

  • Hope Renewed Corporation · exempt
  • West Elmwood Neighborworks Home · exempt
  • Bellevue Development Associates LP · exempt
  • Westfield Development Associates LP · exempt
  • Westfield Commons LP · exempt

Screen this organization

A dated, signed PDF of the compliance screen for WEST ELMWOOD HOUSING DEVELOPMENT CO: 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. How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds WEST ELMWOOD HOUSING DEVELOPMENT CO?
WEST ELMWOOD HOUSING DEVELOPMENT CO (Rhode Island) receives grants from 15 organizations whose IRS filings report $2,884,860 to it, the largest being NEIGHBORHOOD REINVESTMENT CORPORATION DBA NEIGHBORWORKS AMERICA ($1,770,255). 6 of them have funded it in more than one year.
How many funders does WEST ELMWOOD HOUSING DEVELOPMENT CO have?
IRS filings report 15 organizations giving $2,884,860 in grants to WEST ELMWOOD HOUSING DEVELOPMENT CO, 6 of which have funded it in more than one year.
Who is the largest funder of WEST ELMWOOD HOUSING DEVELOPMENT CO?
NEIGHBORHOOD REINVESTMENT CORPORATION DBA NEIGHBORWORKS AMERICA is the largest funder on record, with $1,770,255 in grants. The full list of funders is on this page.
How can an organization like WEST ELMWOOD HOUSING DEVELOPMENT CO find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Rhode Island. 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 FY2024 (financials across 2017–2024), and the filings of 15funders 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 August 27, 2026. What this page cannot tell you · view filing