Habitat for Humanity International Inc

Analysis

Habitat for Humanity International Inc is a registered charity in United States, based in Carver, MA. 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 $514k and spending of $689k, spending 134% of what it took in. Across the 4 years on record, from June 2019 to June 2023, income grew from $387k to $514k (+33%), an average of +9.9% a year. The sharpest change came in the year to June 2021, when income rose by 143%. Over the whole period it spent 133% 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 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 71st percentile within MA. Charities of a similar size with the same main cause include Ironworkers Joint Apprenticeship & Training Fund ($514k), Leak Street Alumni Inc ($514k) and S E Hall Whitney Young Housing Corporation ($514k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 29% and program service revenue 71% of the total. Other salaries and wages came to $313k. At year end it held assets of $567k against liabilities of $350k, net assets of $217k. It reported 15 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.