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 2024.
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
Frequently Asked Questions
What is Passage Home Inc?
Passage Home Inc is a nonprofit organization focused on Housing & Shelter, based in RALEIGH, NC. It holds $10.4M in total assets as of 2024.
How large is Passage Home Inc?
As of 2024, Passage Home Inc holds $10.4M in total assets with $4.4M in annual revenue.
Where does Passage Home Inc operate?
Passage Home Inc has awarded grants in North Carolina.
What is Passage Home Inc's EIN?
Passage Home Inc's EIN (Employer Identification Number) is 56-1765360. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Passage Home Inc's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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