Overview

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Est.

2008

Latest Fiscal Year

Not available

Organization Type

Grantseeker

AI Summary

Purple Heart Homes Inc is a nonprofit organization dedicated to honoring veterans by providing housing solutions and employment opportunities to qualified individuals. With an operating budget of $9.2 million and total revenue of $12.5 million for the 2024 filing year, the organization supports military and veterans organizations through public and private ventures. It does not rely on a single funder for 50% or more of its revenue, ensuring a diverse funding base for its mission. More information can be found on their website, purplehearthomesusa.org.

Mission Statement

TO HONOR THOSE WHO SERVED BY PROVIDING HOUSING SOLUTIONS AND EMPLOYMENT OPPORTUNITIES TO QUALIFIED VETERANS.
Revenues
$12.5M
Expenses
$9.2M
Net Income:
+$3.3M
Assets
$7.6M
Liabilities
$654.8K
Net Assets:
+$7M
Operating Budget
$9.2M
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
26
Median grant size
$10.9K
Largest grant received
$730K
J
John Gallina
Board Member
M
Michael Lennon
Board Member
T
Tommy Pruitt
Board Member

Frequently Asked Questions

What is PURPLE HEART HOMES INC’s budget?
In 2024, PURPLE HEART HOMES INC reported an annual operating budget of around $9.2 million. More detailed financial information is available to registered users.
What causes does PURPLE HEART HOMES INC support?
PURPLE HEART HOMES INC supports work in Public/private ventures and Military & Veterans Organizations.
Where does PURPLE HEART HOMES INC operate?
PURPLE HEART HOMES INC is headquartered in Statesville, NC.
Who funded PURPLE HEART HOMES INC recently?
In 2025, PURPLE HEART HOMES INC received grants from THDF II Inc DBA The Home Depot Foundation & Homer Fund, AMERICAN ONLINE GIVING FOUNDATION INC, and THE JAMES W DAVIS FOUNDATION INC. More information on this organization’s funders is available to registered users.
What is the largest grant PURPLE HEART HOMES INC received in 2024?
The largest grant to PURPLE HEART HOMES INC in 2024 exceeds $730 thousand.
What is PURPLE HEART HOMES INC’s reliance on government grants?
PURPLE HEART HOMES INC relied on government grants for more than 45% of their total revenue in 2024.