Habitat for Humanity International Inc
Analysis
Habitat for Humanity International Inc is a registered charity in United States, based in Florence, MA. It received its IRS tax-exemption ruling in January 1987, 39 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 2024, Habitat for Humanity International Inc reported income of $1.6m and spending of $1.5m, spending 96% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $912k to $1.6m (+73%), an average of +15% a year. The sharpest change came in the year to June 2021, when income rose by 52%. Over the whole period it spent 74% of the income it received.
Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Habitat for Humanity International Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 83rd percentile within MA. Charities of a similar size with the same main cause include Colorado Housing Assistance Corporation ($1.6m), Belonging to Each Other Inc ($1.6m) and Ocean City Community Development Corporation ($1.6m).
On its Form 990 for the period ending June 2024, revenue came from contributions and grants 54% and program service revenue 42% of the total. Compensation of current officers, directors and key employees was $63k (4.2% of expenses). Other salaries and wages came to $179k. At year end it held assets of $2.4m against liabilities of $189k, net assets of $2.3m. It reported 10 employees.
Income and spending
Where the income comes from
- Contributions & grants 54%
- Program services 42%
- Other 3.8%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Colorado Housing Assistance Corporation | Denver | $1.6m |
| Belonging to Each Other Inc | Falmouth | $1.6m |
| Ocean City Community Development Corporation | Ocean City | $1.6m |
| Crossroads Group Home for Girls Inc | Farrell | $1.6m |