Public Charity

The Homestead Community

The Homestead Community, of Gig Harbor, WA, is a Public Charity tracked in Imperigo's IRS 990 database. The 2025 filing shows $263K in revenue, $144K in expenses, $1.5M in total assets. 14 publicly reported grants to this organization, totaling roughly $301K, appear in IRS filings.

EIN: 260680550 Gig Harbor, WA Group Homes NTEE: P73 Latest filing: 2025
Total Revenue$263K
Total Expenses$144K
Total Assets$1.5M
Grant Records14
Funding Total$301K
Filing Years2021–2025

Mission

The Homestead Community's mission is to provide housing & resources for foster families and children in foster care.

Where $100 goes at The Homestead Community

How The Homestead Community divides every $100 it spends, from its own Form 990 filings, averaged across 8 years.

$83 Programs the work itself
$17 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $83 for programs

$74
Rental Property for Foster Care Families The Homestead Community operates three residential rental properties dedicated to supporting families providing foster care
89% of program spending
$7
Care Supplies and Support for Foster Families and Children in Foster Care The Homestead Community provides direct assistance to foster families and children in foster care through essential…
8% of program spending
$2
Christmas Party and Gifts for Children in Foster Care The Homestead Community hosts an annual Christmas celebration for children in foster care and their foster families, providing a…
3% of program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

Director Brooke Murphy
Secretary Clara Ballasiotes
Treasurer Colleen Bond
Director Kathy Heerema
Director Michelle Woods
Vice President Shiela Off

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$290,952 13 grants
Human & Social Services
$10,250 1 grant

Financial Trends

Year Revenue Expenses Assets
2025 $263K $144K $1.5M
2024 $288K $133K $1.6M
2023 $535K $78K $1.0M
2022 $126K $41K $565K
2021 $120K $65K $484K

Between 2021 and 2025, reported annual revenue grew from $120K to $263K (+118%), with total assets most recently reported at $1.5M.

Interactive year-over-year charts and full filing details available with membership.

See the full picture for The Homestead Community

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