Overview

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Est.

1991

Latest Fiscal Year

Not available

Organization Type

Grantseeker

AI Summary

PASSAGE HOME INC is a nonprofit focused on housing services, housing development, and shelter and residential care, with a mission to break the cycle of poverty and create multigenerational self-sufficiency. In filing year 2025, it reported an operating budget of $2.6M and total revenue of $3.4M, with major support from UNITED WAY OF THE GREATER TRIANGLE INC, WAKE COUNTY CONTINUUM OF CARE DBA RALEIGH-WAKE PARTNERSHIP TO END AND PREV, and WAKE COUNTY SMART START INC.

Mission Statement

TO BREAK THE CYCLE OF POVERTY AND CREATE MULTI-GENERATIONAL SELF-SUFFICIENCY.
Revenues
$3.4M
Expenses
$3.6M
Net Income:
-$161.4K
Assets
$10.2M
Liabilities
$9.4M
Net Assets:
+$783K
Operating Budget
$2.6M
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
5
Median grant size
$15K
Largest grant received
$89.5K
E
Emma Paul
Board Member
C
Cortina Clarkson
Board Member
D
Demian Dellinger
Board Member
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  • 33 funders
  • 74 board & team members
  • 9 historic 990s & financials
  • 6-year operating budget trend
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Frequently Asked Questions

What is PASSAGE HOME INC’s budget?
In 2025, PASSAGE HOME INC reported an annual operating budget of around $2.6 million. More detailed financial information is available to registered users.
What causes does PASSAGE HOME INC support?
PASSAGE HOME INC supports work in Housing development, Shelter and residential care, and Housing services.
Where does PASSAGE HOME INC operate?
PASSAGE HOME INC is headquartered in Raleigh, NC.
Who funded PASSAGE HOME INC recently?
In 2025, PASSAGE HOME INC received grants from RAYMOND JAMES CHARITABLE ENDOWMENT FUND, UNITED WAY OF THE GREATER TRIANGLE INC, and WAKE COUNTY SMART START INC. More information on this organization’s funders is available to registered users.
What is the largest grant PASSAGE HOME INC received in 2024?
The largest grant to PASSAGE HOME INC in 2024 exceeds $90 thousand.
What is PASSAGE HOME INC’s reliance on government grants?
PASSAGE HOME INC relied on government grants for more than 70% of their total revenue in 2024.