Habitat for Humanity International Inc
Analysis
Habitat for Humanity International Inc is a registered charity in United States, based in Shannock, RI. 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 $1.6m and spending of $956k, leaving 40% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income grew from $882k to $1.6m (+79%), an average of +22% a year. The sharpest change came in the year to June 2023, when income rose by 36%. Over the whole period it spent 74% 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 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 80th percentile within RI. Charities of a similar size with the same main cause include Trustees of Eliot School ($1.6m), Leadership Tulsa Inc ($1.6m) and Miller Day Care Center Inc ($1.6m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 60% and program service revenue 39% of the total. Compensation of current officers, directors and key employees was $225k (24% of expenses). Other salaries and wages came to $262k. At year end it held assets of $5.2m against liabilities of $545k, net assets of $4.7m. It reported 14 employees.
Income and spending
Where the income comes from
- Contributions & grants 60%
- Program services 39%
- Other 0.5%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Trustees of Eliot School | Boston | $1.6m |
| Leadership Tulsa Inc | Tulsa | $1.6m |
| Miller Day Care Center Inc | New York | $1.6m |
| Saint Thomas Rutherford Foundation | Saint Louis | $1.6m |