Habitat for Humanity International Inc

Analysis

Habitat for Humanity International Inc is a registered charity in United States, based in Bangor, ME. It received its IRS tax-exemption ruling in January 1987, 39 years ago. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Habitat for Humanity International Inc reported income of $783k and spending of $830k, spending 106% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $433k to $783k (+81%), an average of +16% a year. The sharpest change came in the year to June 2021, when income rose by 66%. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Habitat for Humanity International Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 73rd percentile within ME. Charities of a similar size with the same main cause include Lsa Therapy Inc ($783k), Regional Contracting Assistance Center Inc ($784k) and Habitat for Humanity International Inc ($783k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 63% and program service revenue 37% of the total. Compensation of current officers, directors and key employees was $81k (9.7% of expenses). Other salaries and wages came to $193k. At year end it held assets of $1.1m against liabilities of $530k, net assets of $568k. It reported 16 employees.