Infographic attached to report. Full graphic here.
The report outlines Project HOME’s revenues, expenses and project highlights from the past fiscal year. It also includes an introduction from Executive Director Sister Mary Scullion and Associate Executive Director Joan Dawson McConnon — both haven been with the organization from the beginning — that says the organization’s goal is to end chronic homelessness by 2018.
“We saw improvement across the board, but I think the biggest change has been the amazing support from Leigh and John Middleton and the formation of the Middleton Partnership, which is reflected most dramatically in the housing section of the impact info,” said Micheal Gainer of Project HOME.
The Middleton Partnership, which includes the Middletons and other private donors, has been responsible for a number of Project HOME’s recent affordable housing developments, including the recently announced 810 Arch Street development.
Project HOME spent over $13 million of its $23,891,285 budget this year on housing and support services, in addition to over $2 million on housing development expenses.
It received nearly two-thirds of its revenue from donations and government funding and contracts. The rest came from program income and fees, asset releases and investment income.
For more information, read the full report.-30-
From our Partners
Is the lack of affordable housing the next crisis?
Nonprofit AF: It’s time for nonprofits and foundations to implement vaccine mandates
You don’t have to start your own nonprofit to get the impact you want
Village of the Arts seeks to deepen and scale its impact as it reflects on its legacy
Kensington residents ask: ‘Why would you think this is acceptable for us?’
New grant programs infuse Philadelphia’s nonprofit and arts sectors with $6 million
National conversation: ‘Housing First’ approach can meet the demands of homeless union
On June 17, First Person Arts and EMOC launch a virtual event they hope will shatter misperceptions of men of color
Sign-up for daily news updates from Generocity