Yellow Springs Home Inc
Public records show a registered, tax-exempt organization in good standing.
What it says it does
OUR MISSION IS TO STRENGTHEN COMMUNITY ANDDIVERSITY IN YELLOW SPRINGS AND MIAMI TOWNSHIP BY PROVIDING PERMANENTLY AFFORDABLE ANDSUSTAINABLE HOUSING THROUGH OUR COMMUNITY LAND TRUST.
- Income
- $1.0 million
- Spending
- $866,128
- Spent on programs
- 79%
- Reserves
- -21.4 months of spending
- Largest source of income
- donations and private grants, 77%
- Employees
- 6
- Volunteers
- 50
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Fair: 50 out of 100. Higher than 37% of charities in its peer group (housing, $1m to $10m).
Reserves
0 of 35Spendable reserves are negative: it owes or has committed more than it holds.
Debt
5 of 20It owes 70% of what it owns.
Living within its means
15 of 15Income exceeded spending by 16% of income.
Income trend
15 of 15Income rose 22% on the year before.
Spending floor
15 of 1579% of spending went to programs and raising each dollar of donations cost 5 cents.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Good: 84 out of 100. Higher than 38% of charities in its peer group (housing, $1m to $10m).
Independent board
25 of 2510 of 11 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
7 of 7Has a written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Independent check of accounts
0 of 15Its accounts were not audited or reviewed by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (3)
- $76,339 spent. THE CASCADES PHASE 1 BROKE GROUND IN AUGUST OF 2024 AND WILL RESULT IN EIGHT UNITS OF RENTAL HOUSING SERVING SENIORS OF LOW-INCOME. THE $2.3 MILLION PROJECT WAS 7.5% COMPLETE BY THE END OF 2024, INCLUDING SITE CLEARING AND GRADING, POURING FOUNDATIONS, AND INSTALLING ROUGH PLUMBING. YEARS IN THE MAKING, PHASE 1 WAS FUNDED BY OHIO HOUSING TRUST FUND DOLLARS THROUGH THE OHIO HOUSING FINANCE AGENCY, THE OHIO DEPARTMENT OF DEVELOPMENTAL DISABILITIES, THE VILLAGE OF YELLOW SPRINGS, THE FEDERAL HOME LOAN BANK OF CINCINNATI, WRIGHT PATT CREDIT UNION, THE OHIO COMMUNITY DEVELOPMENT FINANCE FUND, CENTERPOINT ENERGY FOUNDATION, THE DAYTON FOUNDATION, AND YELLOW SPRINGS HOME, INC. MORE THAN 300 HOUSEHOLDS ARE ON THE RENTAL INTEREST LIST, EVIDENCING PENT-UP DEMAND. FUNDRAISING FOR PHASE 2, SIX UNITS, WAS ALSO UNDERWAY IN 2024. SITE DEVELOPMENT FINANCING WAS PROVIDED THROUGH THE NATIONAL HOUSING TRUST TO BUILD OUT INFRASTRUCTURE SERVING ALL FOUR PROJECT PHASES, A TOTAL OF 32 UNITS. ALL UNITS WILL BE PART OF THE COMMUNITY LAND TRUST WITH LASTING AFFORDABILITY AND SHARED GOVERNANCE.
- $457,960 spent. MAJOR HOME REPAIR GRANTS: A RECORD 26 MAJOR HOME REPAIR GRANTS WERE COMPLETED IN 2024 IN GREENE, MONTGOMERY, AND CLARK COUNTIES. SERVING HOMEOWNERS OF LOW-INCOME, MAJOR HOME REPAIRS AND MODIFICATIONS ADDRESSED HEALTH, SAFETY, ACCESSIBILITY, AND ENERGY EFFICIENCY ISSUES. FUNDS WERE PROVIDED BY THE USDA HOUSING PRESERVATION GRANT AND FEDERAL HOME LOAN BANK CAROL M. PETERSON HOUSING FUND.
- $153,435 spent. 75 HOUSEHOLDS OF LOW-INCOME WERE SERVED THROUGH CLIENT-FIRST PROGRAMS IN 2024. PAIRED WITH AFFORDABLE HOUSING DEVELOPMENT, CLIENT-FIRST PROGRAMS INCLUDE PRE-PURCHASE HOMEBUYER AND FINANCIAL COACHING, ACCESS TO HUD-APPROVED HOMEBUYER EDUCATION, LOW-INTEREST LOAN PACKAGING THROUGH THE USDA 502-DIRECT PROGRAM, POST-PURCHASE SUPPORT, AND SUPPORT SERVICES COORDINATION. HOME, INC. HAS NOT HAD A SINGLE FORECLOSURE OR EVICTION SINCE ITS FOUNDING IN 1998.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated September 30, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated September 10, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2024.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since November 1999.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 7, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.