DHIC INC
AI Summary
DHIC INC is a nonprofit organization dedicated to building, promoting, and preserving affordable housing for low and moderate-income individuals. With an operating budget of $5.6 million and total revenue of $22.1 million for the 2024 filing year, it relies on significant support from major funders such as The Bank of America Charitable Foundation Inc, NEIGHBORHOOD REINVESTMENT CORPORATION, and Wells Fargo Foundation. The organization does not depend on a single funder for 50% or more of its revenue.
Mission Statement
TO BUILD, PROMOTE, AND PRESERVE AFFORDABLE HOUSING FOR LOW AND MODERATE INCOME PERSONS
Cause Areas
1
Housing rehabilitation
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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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Frequently Asked Questions
What is DHIC INC’s budget?
In 2024, DHIC INC reported an annual operating budget of around $5.6 million. More detailed financial information is available to registered users.
What causes does DHIC INC support?
DHIC INC supports work in Housing rehabilitation.
Where does DHIC INC operate?
DHIC INC is headquartered in Raleigh, NC.
Who funded DHIC INC recently?
In 2025, DHIC INC received grants from CHARITIES AID FOUNDATION AMERICA, WAKE COUNTY SMART START INC, and NEIGHBORHOOD REINVESTMENT CORPORATION. More information on this organization’s funders is available to registered users.
What is the largest grant DHIC INC received in 2024?
The largest grant to DHIC INC in 2024 exceeds $481 thousand.
What is DHIC INC’s reliance on government grants?
DHIC INC relied on government grants for less than 5% of their total revenue in 2024.