Mission
Homeful is a visionary nonprofit focused on combating homelessness in California, which has the highest percentage of unsheltered homeless people in the nation. The organization aims to create a new and sustainable source of funding through home sale donations, allowing contributions to support local communities in perpetuity.
Basic Information
Tax-Exempt
Founded in
2016
EIN
38-4009282
Total Assets
$2.455 million
UN Sustainable Development Goals Supported
This organization contributes to the following United Nations Sustainable Development Goals. See the SDG page for more information.
Showing 3 of 4 goals
At a Glance
Innovative Housing Solutions
Homebuilders enroll homes to create a sustainable funding source for homelessness support.
Community Impact
Homeful supports local charities providing shelter and resources to families experiencing homelessness.
Voluntary Participation
Homeful contributions are voluntary and benefit the general community where they were made.
Impact Stats
$355,000
Total Grant Amount
Grants Granted
In 2022, Homeful Foundation granted funds to multiple organizations dedicated to ending homelessness.
MIP Score (Beta)
The MIP Score is in beta! We'd love any feedback you may have.
The MIP Score and it's methodology is purely used as a way to visualize how a nonprofits public financial data compares against others. It doesn't reflect the unique circumstances and impact that a nonprofit has.The MIP Score should never be used to say one charity is better than another.
Overall Score
60
60
/100
Program Expense Ratio
94.38%
20
/20
Program Revenue Growth
0.00%
2
/20
Leverage Ratio
0.003788
20
/20
Working Capital Ratio
2.663
16
/20
Fundraising Efficiency
0
2
/20
Latest Filing Data: Form 990
Fiscal Year:2022
Source:Source: Self-reported by organization
Financial Details
Revenue
| Category | Amount | Percentage |
|---|---|---|
| Contributions, Gifts, and Grants | 591.5K | 99.36% |
| Program Services | 0 | 0.00% |
| Investment Income | 3.793K | 0.64% |
| Sales of Non-Inventory Assets | 0 | 0.00% |
| Other Notable Sources | 0 | 0.00% |
| Total Revenue | 595.3K | 100.00% |
