Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Aug 1991.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Where the money goes
92 cents of each dollar spent went to programs.
Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.
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Who runs it and what they're paid
12 people listed on the 990; $124K paid to officers and key staff.
Lindsey Carter’s $124K as Executive Director / CEO is at the 54th percentile of top reported officer pay among 2036 $1–10M housing nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.
Compensation history total reportable pay by year · 3 named individuals · Part VII
| Name | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|
| Lindsey Carter | $123,669 | $105,959 | $79,073 | — | — | — |
| Michael Hill | — | $32,191 | $122,741 | $47,489 | — | — |
| Kimberly Morris | — | — | — | $65,483 | $103,581 | $98,108 |
Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.
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Questions the 990 asks
The form asks each of these directly. These are the filed answers.
- Family or business ties among officersPt VI · Ln 2No
- Top official's pay set by an independent reviewPt VI · Ln 15aYes
Programs and updates
Empowers at-risk young women to achieve independence, supporting them and their children.
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Homespace provides a safe and nurturing residential environment for youth in foster care and you NG adults transitioning to independence. Through housing, life skills development, educational support, and individualized guidance, homespace empowers the individuals it serves to build stability and become independent members of the…
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Funders
Who pays for it.
From grant filings on record. Receipts are incomplete: individual donors are never listed.
Grants
By the numbers
The FY2025 990, line by line.
Download 990
| Line | Start FY25 | End FY25 |
|---|---|---|
| Cash and savingsLn 1–2 | $229K | $533K |
| InvestmentsLn 11–13 | $734K | $660K |
| Land, buildings, equipmentLn 10c | $1.4M | $1.4M |
| Total assetsLn 16 | $3.1M | $3.2M |
| LiabilitiesLn 26 | $156K | $159K |
| Net assetsLn 32 | $3.0M | $3.0M |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Pay of current officers, directors and key staffLn 5 | $124K | $113K | $8K | $3K |
| Other salaries and wagesLn 7 | $2.2M | $2.0M | $144K | $50K |
| Pension plan contributionsLn 8 | $28K | $26K | $716 | $716 |
| Other employee benefitsLn 9 | $156K | $148K | $4K | $4K |
| Payroll taxesLn 10 | $188K | $179K | $5K | $5K |
| Legal feesLn 11b | $6K | $4K | $2K | |
| Accounting feesLn 11c | $20K | $12K | $8K | |
| Office expensesLn 13 | $43K | $41K | $2K | $779 |
| OccupancyLn 16 | $191K | $166K | $25K | |
| Conferences, conventions and meetingsLn 19 | $14K | $13K | $1K | |
| Depreciation, depletion and amortizationLn 22 | $140K | $140K | ||
| InsuranceLn 23 | $75K | $63K | $11K | |
| Other expenses (24a–d)Ln 24 | $981K | $950K | $30K | |
| All other expensesLn 24e | $60K | $44K | $3K | $13K |
| Total functional expensesLn 25 | $4.2M | $3.9M | $244K | $77K |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2025 Latest Viewing | $4.2M | $4.2M | −$33K | $3.0M | 990 PDF |
| FY2024 | $3.3M | $3.9M | −$608K | $3.0M | 990 PDF |
| FY2023 | $4.1M | $4.0M | $154K | $3.5M | 990 PDF |
| FY2022 | $3.6M | $3.4M | $129K | $3.3M | 990 PDF |
| FY2021 | $3.1M | $3.3M | −$220K | $3.3M | 990 PDF |
| FY2020 | $3.7M | $3.3M | $350K | $3.5M | 990 PDF |
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Schedules filed Part IV
See the full FY2025 990 (4 parts)
Part VIII · Statement of revenue $4,213,742 across 8 lines filed
Part IX · Statement of functional expenses $4,246,273 across 14 lines filed
Part X · Balance sheet $3,156,149 assets, 15 lines filed
Part XI · Reconciliation of net assets $2,997,546 net assets at year end
Form 990 e-file (XML) FY2025 from the IRS · Classification, formation year and address from the IRS Business Master File
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