Home Builders Institute
Also known as Hbi
Home Builders Institute reported $50.4 million in revenue and $46.4 million in expenses for calendar year 2024. Of every $100 it spent, $84.44 went to program services, $13.33 to management and general costs and $2.23 to fundraising. Its largest source of revenue was contributions and grants: 99.3% of the total. Government grants made up 67.8%. The highest compensation it reported for one person was $762,045 (PRESIDENT AND CEO). 32 people received more than $100,000 in reportable compensation. Revenue rose 77% between 2019 and 2024. Source: Form 990, 2024.
Where $100 of spending went
Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $46MFor context, the median across 409 covered employment charities: $88.97 programs, $11.03 management, $0.00 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
Calendar year 2024 · Form 990, Part VIII · total revenue $50MThe 990 scorecard · same measures for every charity, no grades
| Measure | 2024 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 84.4% | 88.0% |
| Management & general Part IX 25(C) ÷ 25(A) | 13.3% | 10.9% |
| 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 | $0.00 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 99.3% | 22.8% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 67.8% | 1.4% |
| Program service revenue share Part VIII 2g ÷ 12 | 0.0% | 62.6% |
| Highest reported compensation Part VII-A, columns D–F | $762,045 | $297,435 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 1.64% | 1.26% |
| People paid over $100,000 Part VII, line 2 | 32 | 6 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 3.4 | 8.1 |
| Independent voting board members Part VI 1a–1b | 25 of 25 | 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
2024 · Form 990, Part III · the three largest programs by expenseJob corpsunder a federal award with the U.S. Department of labor, hbi provides at-risk youth with real life, hands-on vocational training through the job corps program
Workforce training & employmenthbi provides vocational instruction and life-changing opportunities through a variety of other programs including:- military programs: funded by the home depot foundation, hbi serves transitioning service members on or near 10 military installations- community & corrections: local partnerships and training opportunities for justice-involved individuals, veterans and their families- buildstrong academies: open to the public and free to all students, hbi has seven academies in key markets throughout the united states, including the most recent academy in san juan…
Future builders of america hbi licenses its proprietary pre-apprenticeship curriculum to schools and other institutions around the country. This curriculum provides a framework and toolkit for teaching residential construction skills for all types of learners. During the year ended 2024, hbi had more than 21,000 students enrolled across all programs and issued nearly 17,000 pre apprenticeship certificates
Highest reported compensation
2024 · 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 |
|---|---|---|---|---|
| PRESIDENT AND CEO Officer, 40.00 hrs/week | $699,233 | $0 | $62,812 | $762,045 |
| SR VP, CFO & TREASURER Officer, 40.00 hrs/week | $307,604 | $0 | $27,827 | $335,431 |
| SVP, DEVELOPMENT AND PARTNERSHIPS Key employee, 40.00 hrs/week | $204,021 | $0 | $48,533 | $252,554 |
| VP OF HUMAN RESOURCES Key employee, 40.00 hrs/week | $225,589 | $0 | $21,110 | $246,699 |
| SVP, PROGRAM OPERATIONS Key employee, 40.00 hrs/week | $223,507 | $0 | $16,866 | $240,373 |
| CHIEF OF STAFF, CORPORATE SECRETARY Officer, 40.00 hrs/week | $193,818 | $0 | $32,887 | $226,705 |
| VP JOB CORPS Key employee, 40.00 hrs/week | $189,135 | $0 | $13,769 | $202,904 |
| DIRECTOR, PROGRAM MANAGEMENT Highest compensated employee, 40.00 hrs/week | $128,964 | $0 | $59,222 | $188,186 |
32 people received more than $100,000 in reportable compensation from Home Builders Institute (Part VII, line 2). Compensation of current officers, directors and key employees totaled $2.8M (Part IX, line 5).
6 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
2024 · 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–1b25 · 25 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 4Yes
- 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 5387
- Volunteers Part I, line 626
Largest outside contractors
2024 · Form 990, Part VII, Section B · businesses only| GRANDMASTERS LLC Professional services | $259,107 |
| BG SOLUTIONS LLC Professional services | $172,591 |
| ASPEN LEADERSHIP GROUP LLC Professional services | $145,074 |
| LITMOS US LP Professional services | $132,828 |
| MARCUM LLP Professional services | $111,428 |
Individuals listed as contractors are left out. 5 contractors were paid more than $100,000 in all.
Private foundation grants it received
5 private foundations reported grants to Home Builders Institute totaling $877K 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 Home Builders Institute's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Home Builders Institute, you can publish a response that is linked from this page.
Share or embed this breakdown
Of every $100 Home Builders Institute spent in 2024, $84.44 went to programs. The full breakdown, from its IRS Form 990:
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All employment charities · Largest charities in District of Columbia
Questions people ask
How much of Home Builders Institute's spending goes to programs?
In calendar year 2024, Home Builders Institute reported that 84.4% of its $46.4 million in expenses went to program services, 13.3% to management and general and 2.2% to fundraising (Form 990, Part IX).
How much does Home Builders Institute pay its top executive?
The largest total compensation Home Builders Institute reported for one person in calendar year 2024 was $762,045, for the role of PRESIDENT AND CEO (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Home Builders Institute get its money?
Of $50.4 million in revenue in calendar year 2024, 99.3% came from contributions and grants (including 67.8% from government grants) and 0.0% from program service revenue (Form 990, Part VIII).
Is Home Builders Institute a registered charity?
The IRS lists EIN 52-1266885 as a 501(c)(3) organization (school), 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
- 2024: Form 990 for calendar year 2024, object 202533039349301738 · read the filing · XML
- 2023: Form 990 for calendar year 2023, object 202442819349301114 · read the filing
- 2022: Form 990 for calendar year 2022, object 202323189349304687 · read the filing
- 2021: Form 990 for calendar year 2021, object 202222909349302362 · read the filing
- 2020: Form 990 for calendar year 2020, object 202102569349300845 · read the filing
- 2019: Form 990 for calendar year 2019, object 202012379349300621 · read the filing
All filings for EIN 52-1266885: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.