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Federal ID# 263516121

Purple Heart Homes, Inc.


General Information

Organization Type CHARITY
Contact Person Tim Mangum
Address 755 Washington Avenue, Statesville, NC 28677-
Phone Number (704) 818-0654
Purpose or Description To provide personalized housing solutions for Disabled Veterans. Programs focus on two areas: VHOP - Veterans who want to become homeowners and VAIP - Veterans Aging In Place, to improve Veterans lives one home at a time.
Status Active
Extension None

Financial Information

For Fiscal Year Ending 12/31/2024

INCOME
Direct Public Support$5,571,636
Government Grants+ $6,000,000
Other Revenue+ $916,596
Total Revenue$12,488,232
EXPENSES
Amount Spent for Program or Charitable Purposes$6,309,547
Management/General Expense+ $927,614
Fundraising Expense+ $1,913,567
Total Expenses$9,150,728

Excess/Deficit
Total Revenue$12,488,232
Total Expenses- $9,150,728
Excess/Deficit$3,337,504
End of Year Fund Bal/Net Worth
Total Assets$7,611,756
Total Liabilities- $654,752
End of Year Fund Bal/Net Worth$6,957,004

Financial Information for Prior Years


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