Heading Home

Boston, MA · EIN 23-7364546 · 501(c)(3) · Publicly supported organization (170(b)(1)(A)(vi))
Latest filing: Form 990 for the fiscal year ending June 30, 2025 (tax year 2024) · View the filing · Correct or respond

Heading Home reported $59.6 million in revenue and $53.7 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $82.55 went to program services, $15.28 to management and general costs and $2.17 to fundraising. Its largest source of revenue was contributions and grants: 94.6% of the total. Government grants made up 87.3%. The highest compensation it reported for one person was $380,802 (CHIEF EXECUTIVE OFFICER). 8 people received more than $100,000 in reportable compensation. Revenue rose 255% between FY2020 and FY2025. Source: Form 990, FY2025.

Where $100 of spending went

The fiscal year ending June 30, 2025 · Form 990, Part IX, line 25 · total expenses $54M

Program services$82.55 $44M
Management & general$15.28 $8.2M
Fundraising$2.17 $1.2M

For context, the median across 933 covered housing & shelter charities: $89.27 programs, $10.73 management, $0.00 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

The fiscal year ending June 30, 2025 · Form 990, Part VIII · total revenue $60M

Contributions & grants (non-government)$7.32 $4.4M
Government grants$87.27 $52M
Program service revenue$0.46 $274K
Investment income$4.25 $2.5M
Other revenue$0.70 $416K

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

FY2025 filing. Median across 933 covered charities in this category, from their latest filings.
Measure	FY2025	Median
Program services Part IX 25(B) ÷ 25(A)	82.6%	87.5%
Management & general Part IX 25(C) ÷ 25(A)	15.3%	10.5%
Fundraising Part IX 25(D) ÷ 25(A)	2.2%	0.0%
Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h	$0.02	$0.01
Contributions & grants share of revenue Part VIII 1h ÷ 12	94.6%	17.0%
Government grants share of revenue Part VIII 1e ÷ 12	87.3%	1.0%
Program service revenue share Part VIII 2g ÷ 12	0.5%	66.2%
Highest reported compensation Part VII-A, columns D–F	$380,802	$300,863
Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A)	0.71%	1.57%
People paid over $100,000 Part VII, line 2	8	5
Net assets, in months of expenses Part X 33(B) ÷ monthly expenses	5.9	10.0
Independent voting board members Part VI 1a–1b	21 of 21	100.0%

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

$35M expenses · 78.3% of program spending · revenue $531K

Shelter and emergency services - shelter and emergency services consists of a place to stay, supportive services including assistance in finding permanent housing, and in some cases meals and basic supplies. Services are temporary and are intended to be relatively short in duration. This includes adding 142 units for taking over the casa neuva vida shelter contracts

$8.7M expenses · 19.6% of program spending · revenue $152K

Permanent supportive housing - permanent supportive housing consists of subsidized housing and supportive services for certain formerly homeless individuals and families. It is not time-limited, though many participants move on to other housing after several years

$917K expenses · 2.1% of program spending · revenue $6,898

Transitional housing - transitional housing consists of housing and supportive services that are available for 18-24 months to help participants make the transition from homelessness to permanent housing

Highest reported compensation

FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here

Role	From this org	From related orgs	Other	Total
CHIEF EXECUTIVE OFFICER Officer, 39.00 hrs/week	$334,756	$0	$46,046	$380,802
CHIEF OPERATING OFFICER (PART YEAR) Highest compensated employee, 39.00 hrs/week	$179,379	$0	$39,291	$218,670
CHIEF FINANCIAL OFFICER (PART YEAR) Officer, 39.00 hrs/week	$188,508	$0	$25,659	$214,167
CHIEF ADMIN & INFORMATION OFFICER Officer, 39.00 hrs/week	$184,305	$0	$29,411	$213,716
VP OF PROGRAMS (PART YEAR) Highest compensated employee, 39.00 hrs/week	$148,947	$0	$35,855	$184,802
SR. DIR. OF REAL ESTATE & FACILITIES Highest compensated employee, 39.00 hrs/week	$128,863	$0	$23,823	$152,686
SR. DIR. OF CONTRACTS & COMPLIANCE Highest compensated employee, 39.00 hrs/week	$137,351	$0	$5,183	$142,534
SR. DIRECTOR OF DATA AND ANALYTICS Highest compensated employee, 39.00 hrs/week	$111,471	$0	$26,622	$138,093

8 people received more than $100,000 in reportable compensation from Heading Home (Part VII, line 2). Compensation of current officers, directors and key employees totaled $1.0M (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

Filing	Revenue	Expenses	Programs	Net assets	Top pay
FY2025 ⓘ	$60M	$54M	82.6%	$26M	$380,802
FY2024 ⓘ	$43M	$33M	75.1%	$21M	$350,276
FY2023 ⓘ	$31M	$28M	72.6%	$11M	$277,196
FY2022 ⓘ	$21M	$18M	73.4%	$9.4M	$254,314
FY2021 ⓘ	$20M	$19M	76.6%	$7.5M	$236,811
FY2020 ⓘ	$17M	$16M	83.5%	$6.6M	$209,828

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–1b21 · 21 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 2Yes
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 5267
Volunteers Part I, line 61,000

Largest outside contractors

FY2025 · Form 990, Part VII, Section B · businesses only

BALD HILL BUILDERS General construction	$4,601,414
DELTA-T GROUP Workforce solutions	$3,164,892
NEW ENGLAND SECURITY Security services	$2,011,633
FRESH FOOD GENERATION Food services	$1,015,211
CITY WIDE FACILITY SOLUTIONS Managed facility services	$903,180

Individuals listed as contractors are left out. 25 contractors were paid more than $100,000 in all.

Private foundation grants it received

29 private foundations reported grants to Heading Home totaling $2.0M 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 Heading Home's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Heading Home, you can publish a response that is linked from this page.

Report a correction Respond as Heading Home How this works

Similar-sized charities in this cause

Governmental and Educational Assistance Corporation
Champlin, MN · revenue $59M · programs 85.4% · FY2025
Area Housing Authority of the County of Ventura
Newbury Park, CA · revenue $61M · programs 96.4% · FY2025
Presbyterian Village North Forefront Living
Dallas, TX · revenue $59M · programs 85.8% · 2025
Senior Housing Assistance Group
Bellevue, WA · revenue $61M · programs 100.0% · FY2025
Midway Living
East Elmhurst, NY · revenue $58M · programs 95.9% · FY2025

All housing & shelter charities · Largest charities in Massachusetts

Questions people ask

How much of Heading Home's spending goes to programs?

In the fiscal year ending June 30, 2025, Heading Home reported that 82.6% of its $53.7 million in expenses went to program services, 15.3% to management and general and 2.2% to fundraising (Form 990, Part IX).

How much does Heading Home pay its top executive?

The largest total compensation Heading Home reported for one person in the fiscal year ending June 30, 2025 was $380,802, for the role of CHIEF EXECUTIVE OFFICER (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Heading Home get its money?

Of $59.6 million in revenue in the fiscal year ending June 30, 2025, 94.6% came from contributions and grants (including 87.3% from government grants) and 0.5% from program service revenue (Form 990, Part VIII).

Is Heading Home a registered charity?

The IRS lists EIN 23-7364546 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 June 30, 2025, object 202631259349300428 · read the filing
FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202541289349304904 · read the filing
FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202402759349301450 · read the filing
FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202320609349300202 · read the filing
FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202221339349307997 · read the filing
FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202101339349302780 · read the filing

All filings for EIN 23-7364546: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.