Habitat for Humanity International Inc

Analysis

Habitat for Humanity International Inc is a registered charity in United States, based in Topsham, 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 $939k and spending of $567k, leaving 40% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $287k to $939k (+227%), an average of +34% a year. The sharpest change came in the year to June 2020, when income rose by 83%. Over the whole period it spent 76% 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 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 75th percentile within ME. Charities of a similar size with the same main cause include Habitat for Humanity International Inc ($938k), The Boys & Girls Club of the Big Pines ($939k) and Gilbertsville Area Community Ambulance Service ($938k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 54% and program service revenue 28% of the total. Compensation of current officers, directors and key employees was $62k (11% of expenses). Other salaries and wages came to $37k. At year end it held assets of $2.1m against liabilities of $632k, net assets of $1.4m.