Public Charity

HOMEWARD BOUND OF WESTERN NORTH CAROLINA INC

HOMEWARD BOUND OF WESTERN NORTH CAROLINA INC is a Public Charity headquartered in ASHEVILLE, NC. Financial data from the 2025 filing: $12.4M revenue, $10.4M expenses, $24.7M total assets. 109 publicly reported grants to this organization, totaling roughly $5.3M, appear in IRS filings.

EIN: 561568917 ASHEVILLE, NC Homeless Shelters NTEE: L41 Latest filing: 2025
Total Revenue$12.4M
Total Expenses$10.4M
Total Assets$24.7M
Grant Records109
Funding Total$5.3M
Filing Years2021–2025

Mission

HOMEWARD BOUND'S MISSION IS TO PREVENT AND END HOMELESSNESS IN OUR COMMUNITY THROUGH PERMANENT HOUSING AND SUPPORT. OUR WORK IS BASED ON THE FOLLOWING VALUES: WE BELIEVE IN THE ABSOLUTE VALUE AND WORTH OF EVERY HUMAN BEING; WE BELIEVE THAT HOUSING IS A HUMAN RIGHT, INTEGRAL TO SELF-WORTH AND DIGNITY; THAT ALL SERVICES SHOULD BE OFFERED WITH RESPECT AND EMPATHY, IN THE SPIRIT OF HOPE AND RECOVERY; AND HOMELESSNESS IS A SOLVABLE PROBLEM. WE KNOW THIS BECAUSE SINCE 2006, WE HAVE HOUSED MORE THAN 2,700 PEOPLE.

Where $100 goes at Homeward Bound of Western North Carolina Inc

How Homeward Bound of Western North Carolina Inc divides every $100 it spends, from its own Form 990 filings, averaged across 9 years.

$89 Programs the work itself
$7 Management running the organization
$4 Fundraising raising the next dollar

Inside the $89 for programs

$67
Homeward bound provides a range of housing solutions, including long-term housing with support delivered through scattered-site partnerships with private landlords and public housing, alongside site-based communities such as…
75% of program spending
$11
Homeward bound's ahope day center offers an array of human dignity services such as showers, laundry facilities, computer and internet access, mail services, lockers for personal belongings, and…
13% of program spending
$11
The welcome home donation center is a part of homeward bound's efforts to provide individuals transitioning out of homelessness with the essential items needed to create a stable…
About 12% (cost not reported) · Reported in the filing: 122 units
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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

BOARD MEMBER Amber Banks
PAST PRESIDE Barbara Wright
BRD MBER THR Claire Hubbard
BOARD MEMBER David Hamilton
BOARD MEMBER Heather Norton
TREASURER Isaac Rowles

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$3,453,405 53 grants
Human & Social Services
$799,460 25 grants
Housing & Homelessness
$314,561 6 grants
Training & Professional Development
$157,128 1 grant
Education
$20,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2025 $12.4M $10.4M $24.7M
2024 $8.2M $9.1M $23.1M
2023 $9.8M $8.0M $22.6M
2022 $19.3M $7.4M $17.9M
2021 $7.9M $7.0M $7.6M

Between 2021 and 2025, reported annual revenue grew from $7.9M to $12.4M (+56%), with total assets most recently reported at $24.7M.

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

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