Homes First Logo

MIP Score

66

Youth Development
Youth Programs

Homes First

Mission

Homes First is dedicated to providing affordable rental housing in Thurston County, Washington, focusing on low and very low-income individuals and families. Established in 1990, Homes First has successfully created houses and apartments, helping over 5000 community members find secure and long-term rental solutions while ensuring respect and dignity in the landlord-tenant relationship.

Basic Information

Tax-Exempt

Address

5203 Lacey Blvd SE, Ste A, Lacey, Washington, 98503

View all Lacey charities

Founded in

1990

EIN

94-3124800

Total Assets

$11.17 million

UN Sustainable Development Goals Supported

This organization contributes to the following United Nations Sustainable Development Goals. See the SDG page for more information.

At a Glance

Providing Hope and a Home to a Family

Providing Hope and a Home to a Family

A testimonial from a tenant named David and his family's journey to secure housing through Homes First.

Dreams Can Come True!

Dreams Can Come True!

The inspiring story of Angela B.'s transition from Section 8 housing to homeownership.

Helping David Stand On His Own Two Feet

Helping David Stand On His Own Two Feet

David's first night in his new home, showcasing the personal impact Homes First has on its tenants.

Past Events

Heroes for Housing Breakfast

Date not specified

Annual fundraising breakfast event to support affordable housing initiatives.

Real Community Heroes

Date not specified

Celebration of community heroes who have contributed to local housing efforts.

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

66

40

/100

Program Expense Ratio

60.54%

6

/20

Program Revenue Growth

-4.34%

2

/20

Leverage Ratio

0.8304

4

/20

Working Capital Ratio

1.165

12

/20

Fundraising Efficiency

0.5418

16

/20

Latest Filing Data: Form 990

Fiscal Year:2022

Source:Source: Self-reported by organization

Financial Details

Revenue

CategoryAmountPercentage
Contributions, Gifts, and Grants1.213M57.44%
Program Services911K43.15%
Investment Income1.523K0.07%
Sales of Non-Inventory Assets00.00%
Other Notable Sources1.062K0.05%
Total Revenue2.111M100.00%