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Homeboy Industries

Los Angeles, CA · EIN 95-4800735 · 501(c)(3) · Publicly supported organization (170(b)(1)(A)(vi))
Latest filing: Form 990 for calendar year 2024 (tax year 2024) · View the filing · Correct or respond

Homeboy Industries reported $47.0 million in revenue and $41.7 million in expenses for calendar year 2024. Of every $100 it spent, $79.84 went to program services, $12.37 to management and general costs and $7.79 to fundraising. Its largest source of revenue was contributions and grants: 76.7% of the total. Government grants made up 19.7%. The highest compensation it reported for one person was $275,851 (CHIEF OPERATING OFFICER). 21 people received more than $100,000 in reportable compensation. Revenue rose 160% between 2019 and 2024. Source: Form 990, 2024.

Where $100 of spending went

Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $42M

For context, the median across 212 covered youth development charities: $83.69 programs, $11.78 management, $4.53 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 $47M

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

2024 filing. Median across 212 covered charities in this category, from their latest filings.
Measure2024Median
Program services
Part IX 25(B) ÷ 25(A)
79.8%82.4%
Management & general
Part IX 25(C) ÷ 25(A)
12.4%11.6%
Fundraising
Part IX 25(D) ÷ 25(A)
7.8%4.5%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.09$0.07
Contributions & grants share of revenue
Part VIII 1h ÷ 12
76.7%80.1%
Government grants share of revenue
Part VIII 1e ÷ 12
19.7%5.5%
Program service revenue share
Part VIII 2g ÷ 12
0.5%6.6%
Highest reported compensation
Part VII-A, columns D–F
$275,851$274,234
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
0.66%1.76%
People paid over $100,000
Part VII, line 2
216
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
22.615.4
Independent voting board members
Part VI 1a–1b
20 of 21100.0%

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 expense
$15M expenses · 45.1% of program spending

Workforce development, job training & support servicescase management, curriculum, job development, legal services, mental health, airport/licensing, retreats, tatoo removal. Job training: Homeboy Industries' 18-month job training program combines on-the-job learning with comprehensive services and unconditional support. Each year, hundreds of former gang members and previously incarcerated men and women learn hard and soft job skills in the organization's social enterprises while receiving services that foster inner transformation, case management, tattoo removal, legal assistance, mentla…

$9.5M expenses · 28.4% of program spending · revenue $6.2M

Social enterpriseshomeboy bakery - trainees at one of our oldest social enterprise business learn all aspects of baking, from ordering supplies to operating a pastry machine to interacting with customers. We sell artisan breads, pastries, and cakes at our headquarters and farmers' markets around los angeles, as well as to local restaurants. Homeboy bakery was the organization's original mission business, founded in 1994, where former rivals worked side by side as scratch bakers located in an 80-year old building, the bakery suffered an electrical fire in 1999. In 2005, homeboy hired several…

$8.8M expenses · 26.4% of program spending · grants $8.8M

Kinship grant program (homeboy services, inc.)

Highest reported compensation

2024 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
CHIEF OPERATING OFFICER
Officer, 39.00 hrs/week
$274,887$0$964$275,851
CHIEF FINANCIAL OFFICER
Officer, 39.00 hrs/week
$209,575$0$42$209,617
CHIEF PROGRAMS OFFICER
Officer, 39.00 hrs/week
$190,873$0$419$191,292
VICE PRESIDENT OF WELLNESS
Highest compensated employee, 39.00 hrs/week
$147,495$0$4,775$152,270
DIRECTOR OF STRATEGIC PROJECTS - HOUSING/LEADERSHI
Highest compensated employee, 39.00 hrs/week
$139,753$0$4,819$144,572
DIRECTOR OF GOVERNMENT RELATIONS
Highest compensated employee, 39.00 hrs/week
$138,998$0$4,531$143,529
VICE PRESIDENT OF OPERATIONS
Highest compensated employee, 39.00 hrs/week
$130,251$0$8,198$138,449
VP TRAINEE SOCIAL ENTERPRISES
Highest compensated employee, 39.00 hrs/week
$132,919$0$710$133,629

21 people received more than $100,000 in reportable compensation from Homeboy Industries (Part VII, line 2). Compensation of current officers, directors and key employees totaled $806K (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$20M$40M$60M$80M201920202021202220232024$47M$42M
FilingRevenueExpensesProgramsNet assetsTop pay
2024 ⓘ$47M$42M79.8%$78M$275,851
2023 ⓘ$47M$40M78.8%$72M$263,777
2022 ⓘ$47M$32M78.4%$63M$253,803
2021 ⓘ$52M$23M78.0%$49M$250,659
2020 ⓘ$27M$19M80.1%$20M$239,269
2019 ⓘ$18M$18M75.7%$12M$145,043

Governance 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–1b21 · 20 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 11aNo
  • 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 5642
  • Volunteers Part I, line 6277

Largest outside contractors

2024 · Form 990, Part VII, Section B · businesses only
WILLIAMS CONSTRUCTION SERVICES
Construction contractor
$1,319,747
PUBLIC WORKS
Government grant assistance
$457,758
DOVE COMMUNICATIONS INC
Information technology services
$317,958
RHR INTERNATIONAL LLP
Management consulting
$301,192
SLEEPER 9 FILMS INC
Live event and content production
$257,533

Individuals listed as contractors are left out. 8 contractors were paid more than $100,000 in all.

Private foundation grants it received

130 private foundations reported grants to Homeboy Industries totaling $6.6M 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 Homeboy Industries's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Homeboy Industries, you can publish a response that is linked from this page.

Similar-sized charities in this cause

All youth development charities · Largest charities in California

Questions people ask

How much of Homeboy Industries's spending goes to programs?

In calendar year 2024, Homeboy Industries reported that 79.8% of its $41.7 million in expenses went to program services, 12.4% to management and general and 7.8% to fundraising (Form 990, Part IX).

How much does Homeboy Industries pay its top executive?

The largest total compensation Homeboy Industries reported for one person in calendar year 2024 was $275,851, for the role of CHIEF OPERATING OFFICER (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Homeboy Industries get its money?

Of $47.0 million in revenue in calendar year 2024, 76.7% came from contributions and grants (including 19.7% from government grants) and 0.5% from program service revenue (Form 990, Part VIII).

Is Homeboy Industries a registered charity?

The IRS lists EIN 95-4800735 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

  • 2024: Form 990 for calendar year 2024, object 202533219349307708 · read the filing · XML
  • 2023: Form 990 for calendar year 2023, object 202433209349308108 · read the filing
  • 2022: Form 990 for calendar year 2022, object 202323199349301227 · read the filing
  • 2021: Form 990 for calendar year 2021, object 202243199349306534 · read the filing
  • 2020: Form 990 for calendar year 2020, object 202123199349309597 · read the filing
  • 2019: Form 990 for calendar year 2019, object 202033189349310928 · read the filing

All filings for EIN 95-4800735: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.