TO BREAK THE CYCLE OF POVERTY AND CREATE MULTI-GENERATIONAL SELF-SUFFICIENCY FOR THE INDIVIDUALS AND FAMILIES OF WAKE COUNTY BY HELPING THEM ACHIEVE HOUSING AND INCOME SECURITY.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$10.4M
-2.4% YoY
Revenue
$4.4M
-5.1% YoY
Net Investment Income
$2K
+40.5% YoY
Expenses
$4.9M
+3.9% YoY
About Passage Home Inc
Based on IRS filings
Passage Home Inc is a nonprofit organization focused on Housing & Shelter, based in RALEIGH, NC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $10.4M in total assets. Net investment income was $2K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $10,392,237 | $10,649,821 | $13,185,958 |
| Revenue | $4,392,915 | $4,628,188 | $5,411,567 |
| Expenses | $4,916,788 | $4,732,071 | $5,200,628 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $1,614 | $1,149 | $76 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 0 recipients in 2024
Grant Size Distribution
1 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| CHRIS FOYLES | CHAIR | 1 | — |
| YASMIN MORTON | VICE CHAIR | 1 | — |
| MICHELLE CASSELL | TREASURER | 1 | — |
| EMMA PAUL | SECRETARY | 1 | — |
| VICKIE ADAMSON | DIRECTOR | 1 | — |
| FRED AIKEN | DIRECTOR | 1 | — |
| SIMON AKHAMIE | DIRECTOR | 1 | — |
| RUSSELL ALLEN | DIRECTOR | 1 | — |
| MANOJ BHATIA | DIRECTOR | 1 | — |
| CORTINA CLARKSON | DIRECTOR | 1 | — |
| DAQUANTA COPELAND | DIRECTOR | 1 | — |
| DEMIAN DELLINGER | DIRECTOR | 1 | — |
| JESSICA GORE | DIRECTOR | 1 | — |
| WANDA HUNTER | DIRECTOR | 1 | — |
| MONIKA JOHNSON-HOSTELER | DIRECTOR | 1 | — |
| JENNIFER LAMPMAN | DIRECTOR | 1 | — |
| JONATHAN MELTON | DIRECTOR | 1 | — |
| LATATIOUS MORRIS | DIRECTOR | 1 | — |
| MOLLY STUART | DIRECTOR | 1 | — |
| SETH FRIEDMAN | CEO (THRU 9/8/23) | 40 | $95,013 |
| CARI BORAM | CEO (AS OF 1/8/24) | 40 | — |
Subject Areas
Focus areas based on grantmaking activity
Related Funders
Similar funders by location and focus area
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Ihope Foundation
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Total Given
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Orange County Partnership for Young
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Assets
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Total Given
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North Carolina Baptist Hospital
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Assets
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Grants
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Total Given
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The Anne Shuford Mcbryde
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Assets
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Total Given
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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