Homestead Corporation Champaign - Urbana is a 501(c)(3) organization based in Champaign, Illinois, registered in 1996, with $185,950 in FY2024 revenue. CharityIndex grades it C+.
Revenue (FY2024)
$186K
▲ 14.5% vs prior year
Housing median: $408K
Expenses (FY2024)
$222K
Net assets
$718K
Employees
—
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Homestead Corporation Champaign - Urbana— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Homestead Corporation Champaign - Urbana: 39 mo reserves · -19% margin earns a C+ on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Homestead Corporation Champaign - Urbana— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Homestead Corporation Champaign - Urbana: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Revenue grew from $156K (FY2018) to $186K (FY2024) across 7 reported years.
Financial snapshot
Operating margin
-19.1%
Spent more than it raised in the latest fiscal year.
Total assets
$724K
Total liabilities
$5,851
Net assets
$718K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $185,950▲14.5% | $221,519▲45.2% | $718,266▼4.7% | $724,117▼4.5% | 990 |
| 2023 | $162,468▲17.0% | $152,552▲6.2% | $753,835▲1.3% | $757,891▼0.5% | 990 |
| 2022 | $138,823▼16.1% | $143,655▼21.5% | $743,919▼0.6% | $761,743▼3.4% | 990 |
| 2021 | $165,538▼41.2% | $182,963▼25.6% | $748,751▼2.3% | $788,242▼9.0% | 990 |
| 2020 | $281,376▲107% | $245,933▲55.4% | $766,176▲4.9% | $866,135▲4.0% | 990 |
| 2019 | $135,989▼12.7% | $158,237▼12.4% | $730,733▼3.0% | $832,671▼3.5% | 990 |
| 2018 | $155,727 | $180,615 | $752,981 | $862,780 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Explore more
Data for Homestead Corporation Champaign - Urbana (EIN 37-1314292) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.