Charity Search / HOMES FOR VETERANS A NJ NON PROFIT CORPORATION
Housing & Shelter (L99) IRS Verified DX Registered 990 on File

HOMES FOR VETERANS A NJ NON PROFIT CORPORATION

EIN: 45-2149057 · HARRINGTON PK, NJ 07640-1929 · United States · FY 2025 Data
3 out of 5 48 / 100 Based on 2+ years of filings
Financial strength (30%) 70/100
Reliability (20%) 50/100
Effectiveness (25%) 68/100
Impact (25%) No data yet
Financial data: FY 2025 · Scored 9/13/2026
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HOMES FOR VETERANS A NJ NON PROFIT CORPORATION logo
CharityAI™ Score
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Mission Statement

At Homes for Veterans, our mission is to honor the service and sacrifice of U.S. veterans by ensuring they have safe, accessible, and dignified places to call home. We provide no-cost home modifications for disabled and aging veterans across the country, focusing especially on those who are unable to obtain adequate government support. Many of the veterans we serve have fallen through the cracks of traditional systems. We believe no hero should struggle to enter their own home, climb stairs, or use a bathroom safely. That’s why we customize each project to meet the individual needs of the veteran and their family. Our modifications include: -Wheelchair ramps and lifts -Barrier-free bathrooms (roll-in showers, grab bars, accessible sinks and toilets) -Widened doorways and hallways -Accessible kitchens -Exterior and interior stair modifications -Leveling of dangerous walkways and entries Founded in 2011, Homes for Veterans was inspired by the heart and vision of Douglas DiPaola, a talented handyman who dedicated his life to helping veterans live with comfort and independence. After his passing, his daughter, Francesca DiPaola, stepped in to carry on his legacy and expand the organization’s reach nationwide. Every home we modify is a message to a veteran that they are seen, valued, and never forgotten. We rely on the generosity of donors, volunteers, corporate partners, and community members to continue this critical work. Together, we are building more than homes — we’re rebuilding lives.

Financial Overview — FY 2025
$1.1M
Total Revenue
$1.1M
Total Expenses
$359K
Net Assets
2
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 74.6%
Fundraising Efficiency 338.4%
Operating Reserve 3.97x
Liability-to-Asset 11.5%
Revenue Diversification 95.1%
Executive Compensation $82K
Compared with Peers
FY 2025
Compared with 1,101 similar organizations (United States, Housing & Shelter, $1M–$10M in expenses), FY 2025.
This organization Middle half of peers (P25–P75) Peer median
Ratio This org Peer median Position (P10 → P90)
Program expense ratio
Program expenses / total expenses · higher is better
74.6% 86.6%
P10P90
Bottom quarter
Admin expense ratio
Management and general / total expenses · lower is better
4.4% 10.4%
P10P90
Top quarter
Fundraising expense ratio
Fundraising expenses / total expenses · lower is better
21.0% 0.0%
P10P90
Bottom quarter
Fundraising efficiency
Fundraising expenses / gross fundraising income · lower is better
338.4% 234.8%
P10P90
Below median
Operating reserve
Months of expenses covered by net assets · higher is better
4.0 mo 13.6 mo
P10P90
Below median
Liabilities to assets
Total liabilities / total assets · lower is better
11.5% 30.2%
P10P90
Above median
Revenue concentration
Share of revenue from the largest source · lower is better
95.1% 88.1%
P10P90
Below median
Revenue growth
Year over year revenue growth
-21.4% 6.3%
P10P90
Expense growth
Year over year expense growth
-21.5% 5.2%
P10P90
Surplus margin
Surplus as a share of revenue
4.4% 4.4%
P10P90
Financial History
Year Revenue Expenses Net Assets Program % Staff
2025 $1.1M $1.1M $359K 74.6% 2
2024 $1.4M $1.4M $309K 69.3% 2
2023 $1.6M $1.6M $247K 69.7% 2
2022 $1.7M $1.8M $262K 67.5% 2
2021 $1.7M $1.6M N/A 1
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Organization Details
EIN
45-2149057
State
NJ
City
HARRINGTON PK
ZIP
07640-1929
Classification
L99
Category
Housing & Shelter
Rating
3★
Coverage
A
Last Updated
Aug 2026
IRS Ruling Year
2011
Foundation Code
15
Form 990
On File
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