Habitat for Humanity International Inc
Analysis
Habitat for Humanity International Inc is a registered charity in United States, based in Westford, 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 2023, Habitat for Humanity International Inc reported income of $2.0m and spending of $2.6m, spending 131% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $2.3m to $2.0m (-12%), an average of -3.2% a year. The sharpest change came in the year to June 2021, when income dropped by 36%. Over the whole period it spent 99% 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 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 85th percentile within MA. Charities of a similar size with the same main cause include The@kelsey ($2.0m), Columbus Affordable Housing Services Inc ($2.0m) and Awaken Inc ($2.0m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 50% and program service revenue 48% of the total. Compensation of current officers, directors and key employees was $119k (4.5% of expenses). Other salaries and wages came to $551k. At year end it held assets of $3.4m against liabilities of $244k, net assets of $3.2m. It reported 22 employees.
Income and spending
Where the income comes from
- Contributions & grants 50%
- Program services 48%
- Other 1.6%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| The@kelsey | San Francisco | $2.0m |
| Columbus Affordable Housing Services Inc | Columbus | $2.0m |
| Awaken Inc | Reno | $2.0m |
| Midwest Affordable Housing Corporation | Fox Point | $2.0m |