PURPLE HEART HOMES INC

STATESVILLE, NC, 28677-6762 (704) 838-4044 Est. 2008 EIN 26-3516121

W30 - Military & Veterans Organizations 990 - Public charity return 501(c)(3)

Mission

TO HONOR THOSE WHO SERVED BY PROVIDING HOUSING SOLUTIONS AND EMPLOYMENT OPPORTUNITIES TO QUALIFIED VETERANS.

Total Revenue

$12,488,232

Total Expenses

$9,150,728

Net Assets

$6,957,004

36 employees

From latest filing (tax period ending 2024-12-31)

Operating Reserve

9.1 months Healthy

Net assets / monthly expenses

Year-over-Year Change

Revenue ↑ 73.5%

Expenses ↑ 22.5%

Revenue Sources

Contributions 92.7% Earned revenue 6.8% Other 1.0%

Expense Breakdown

Program 69.0% Management 10.1% Fundraising 20.9%

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Year	Revenue	Expenses	Net Assets
2024 990 - Public charity return Jan 1, 2024 to Dec 31, 2024	$12,488,232 ↑	$9,150,728	$6,957,004
2023 990 - Public charity return Jan 1, 2023 to Dec 31, 2023	$7,196,414 ↑	$7,467,186	$3,619,500
2022 990 - Public charity return Jan 1, 2022 to Dec 31, 2022	$6,025,415 ↑	$6,195,531	$3,890,272
2020 990 - Public charity return Jan 1, 2020 to Dec 31, 2020	$3,033,526 ↓	$3,097,062	$3,778,855
2018 990 - Public charity return Jan 1, 2018 to Dec 31, 2018	$3,244,923	$3,204,715	$2,694,572