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Homestart

Boston, MA · EIN 04-3311270 · 501(c)(3) · Publicly supported organization (170(b)(1)(A)(vi))
Latest filing: Form 990 for the fiscal year ending September 30, 2025 (tax year 2024) · View the filing · Correct or respond

Homestart reported $16.8 million in revenue and $17.3 million in expenses for the fiscal year ending September 30, 2025. Of every $100 it spent, $86.40 went to program services, $11.00 to management and general costs and $2.60 to fundraising. Its largest source of revenue was contributions and grants: 96.5% of the total. Government grants made up 68.6%. The highest compensation it reported for one person was $204,066 (PRESIDENT/EXECUTIVE DIRECTOR). 6 people received more than $100,000 in reportable compensation. Revenue rose 41% between FY2020 and FY2025. Source: Form 990, FY2025.

Where $100 of spending went

The fiscal year ending September 30, 2025 · Form 990, Part IX, line 25 · total expenses $17M

For context, the median across 479 covered community improvement & capacity building charities: $90.45 programs, $9.31 management, $0.24 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

The fiscal year ending September 30, 2025 · Form 990, Part VIII · total revenue $17M

Other revenue was negative: −$44,049. The bar shows the positive sources only.

The 990 scorecard · same measures for every charity, no grades

FY2025 filing. Median across 479 covered charities in this category, from their latest filings.
MeasureFY2025Median
Program services
Part IX 25(B) ÷ 25(A)
86.4%89.1%
Management & general
Part IX 25(C) ÷ 25(A)
11.0%9.2%
Fundraising
Part IX 25(D) ÷ 25(A)
2.6%0.2%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.03$0.00
Contributions & grants share of revenue
Part VIII 1h ÷ 12
96.5%80.1%
Government grants share of revenue
Part VIII 1e ÷ 12
68.6%14.9%
Program service revenue share
Part VIII 2g ÷ 12
3.1%11.9%
Highest reported compensation
Part VII-A, columns D–F
$204,066$291,103
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
1.18%1.49%
People paid over $100,000
Part VII, line 2
65
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
4.49.2
Independent voting board members
Part VI 1a–1b
10 of 14100.0%

A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.

What the money paid for, in its own words

FY2025 · Form 990, Part III · the three largest programs by expense
$9.4M expenses · 63.4% of program spending · revenue $525K

Housing stabilization and resource services to aid participants with integration into the community and maintain successful housing. Services include landlord mediation, money management, and supportive housing assistance. Approximately 900 clients served

$3.5M expenses · 23.6% of program spending

Housing search services to aid participants in locating affordable permanent housing

$1.9M expenses · 13.0% of program spending

Homelessness prevention services utilize housing and stabilization knowledge, mediation techniques and money management services to aid participants in retaining their housing and avoid shelters

Highest reported compensation

FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
PRESIDENT/EXECUTIVE DIRECTOR
Director/trustee, officer, 40.00 hrs/week
$168,940$0$35,126$204,066
CHIEF PROGRAM OFFICER
Key employee, 40.00 hrs/week
$157,505$0$21,319$178,824
DIR. OF PROGRAM DESIGN & EVAL.
Highest compensated employee, 40.00 hrs/week
$129,187$0$32,124$161,311
DIRECTOR OF FINANCE
Highest compensated employee, 40.00 hrs/week
$128,773$0$24,139$152,912
VP OF HUMAN RESOURCES
Highest compensated employee, 40.00 hrs/week
$134,111$0$4,756$138,867
DIRECTOR OF DEVELOPMENT
Highest compensated employee, 40.00 hrs/week
$106,095$0$14,105$120,200
CFO
Director/trustee, officer, 40.00 hrs/week
$56,845$0$995$57,840
DIRECTOR
Director/trustee, 1.00 hrs/week
$1,000$0$0$1,000

6 people received more than $100,000 in reportable compensation from Homestart (Part VII, line 2). Compensation of current officers, directors and key employees totaled $536K (Part IX, line 5).

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$5.0M$10M$15M$20MFY2020FY2021FY2022FY2023FY2024FY2025$17M$17M
FilingRevenueExpensesProgramsNet assetsTop pay
FY2025 ⓘ$17M$17M86.4%$6.3M$204,066
FY2024 ⓘ$20M$20M91.6%$6.7M$177,139
FY2023 ⓘ$17M$17M88.5%$6.6M$169,606
FY2022 ⓘ$17M$14M90.5%$7.3M$166,503
FY2021 ⓘ$15M$12M91.1%$4.9M$164,646
FY2020 ⓘ$12M$11M91.3%$2.2M$163,108

Governance answers, as filed

FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means
  • Voting board members, and how many are independent Part VI, lines 1a–1b14 · 10 independent
  • Audited financial statements Part XII 2bYes
  • Conflict-of-interest policy Part VI 12aYes
  • Whistleblower policy Part VI 13Yes
  • Document retention policy Part VI 14Yes
  • Independent process for top executive pay Part VI 15aYes
  • Board given the 990 before filing Part VI 11aYes
  • Family or business ties among insiders Part VI 2No
  • Aware of a significant diversion of assets Part VI 5No
  • Excess benefit transaction with an insider Part IV 25aNo
  • Loans to or from insiders outstanding Part IV 26No
  • Lobbying, or a 501(h) election in effect Part IV 4No
  • Over $15,000 of professional fundraising services Part IV 18No
  • Over $10,000 of activity outside the U.S. Part IV 14bNo
  • Employees Part I, line 5100
  • Volunteers Part I, line 623

Private foundation grants it received

20 private foundations reported grants to Homestart totaling $746K on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.

Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.

Correct a figure or respond

Every number above is copied from Homestart's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Homestart, you can publish a response that is linked from this page.

Similar-sized charities in this cause

All community improvement & capacity building charities · Largest charities in Massachusetts

Questions people ask

How much of Homestart's spending goes to programs?

In the fiscal year ending September 30, 2025, Homestart reported that 86.4% of its $17.3 million in expenses went to program services, 11.0% to management and general and 2.6% to fundraising (Form 990, Part IX).

How much does Homestart pay its top executive?

The largest total compensation Homestart reported for one person in the fiscal year ending September 30, 2025 was $204,066, for the role of PRESIDENT/EXECUTIVE DIRECTOR (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Homestart get its money?

Of $16.8 million in revenue in the fiscal year ending September 30, 2025, 96.5% came from contributions and grants (including 68.6% from government grants) and 3.1% from program service revenue (Form 990, Part VIII).

Is Homestart a registered charity?

The IRS lists EIN 04-3311270 as a 501(c)(3) organization (publicly supported organization (170(b)(1)(a)(vi))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

  • FY2025: Form 990 for the fiscal year ending September 30, 2025, object 202632239349300038 · read the filing
  • FY2024: Form 990 for the fiscal year ending September 30, 2024, object 202522119349301132 · read the filing
  • FY2023: Form 990 for the fiscal year ending September 30, 2023, object 202541189349302214 · read the filing
  • FY2022: Form 990 for the fiscal year ending September 30, 2022, object 202442439349301109 · read the filing
  • FY2021: Form 990 for the fiscal year ending September 30, 2021, object 202222279349303672 · read the filing
  • FY2020: Form 990 for the fiscal year ending September 30, 2020, object 202112289349303576 · read the filing

All filings for EIN 04-3311270: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.