Homes First! Annual Impact Report

Page 6

FINANCIALS D

E

C

2015 INCOME $1,308,081

B

E F

D

A

2015 EXPENSE $1,308,081

C

A

B A B C D E

Rent Building Fund Income Restricted Donations Individual Donations Corporate Donation

44.6% 43.6% 8.43% 1.79%

A B C D E F

Building Fund Staff Costs Property Expense Depreciation Admin Overhead Restricted Donation to Building Fund

43.3% 22.0% 18.8% 7.60% 4.68% 3.64%

1.57%

Homes First! saw another year of record growth. We received $357,700 in public funding from the Department of Housing and Urban Development allocations for Thurston County and the City of Lacey. We also saw a generous donation of a piece of land near Tenino which we sold for funds for a future building project. #MoreHomesMoreHope

HOUSING BY THE NUMBERS IN THURSTON COUNTY 265,851 – Population as of 2014 Census 102,355 – Households (2.5 people on average) 34, 677 – Renters 183,748 – Owners 15,000 families are struggling to find homes or stay in homes they can afford 20% of children live in a household that struggles to put food on the table $57, 595 is what the annual income needs to be to cover the necessities for a single parent with two kids 100% of Homes First! tenants can afford their rent and cover their necessities so that they and their children will have better lives 5

HOMES FIRST!


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