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Habitat for Humanity International Inc

RegisteredEIN 06-1178712New Haven, CTHousing and shelter
Income$2.1m2023-12
Spending$1.9msame year
Spent / received86%6-year average
Size in its cause82nd pctHousing and shelter
Exempt since1987Publicly supported organisat
Employees26latest return

Analysis

Habitat for Humanity International Inc is a registered charity in United States, based in New Haven, CT. 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 December 2023, Habitat for Humanity International Inc reported income of $2.1m and spending of $1.9m, spending 92% of its income. Across the 6 years on record, from December 2018 to December 2023, income grew from $2.0m to $2.1m (+5.5%), an average of +1.1% a year. The sharpest change came in the year to December 2019, when income rose by 66%. Over the whole period it spent 86% 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 84th percentile within CT. Charities of a similar size with the same main cause include Midwest Housing Collaborative Inc ($2.1m), Core Community Partners ($2.1m) and Cumberland Gardens Housing Development Fund Company Inc ($2.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 46% and program service revenue 41% of the total. Compensation of current officers, directors and key employees was $196k (10% of expenses). Other salaries and wages came to $243k. At year end it held assets of $4.8m against liabilities of $795k, net assets of $4.0m. It reported 26 employees.

Income and spending

$0$816k$1.6m$2.4m$3.3m2018 Income: $1,962,0172018 Spending: $1,887,46220182019 Income: $3,265,9732019 Spending: $2,328,73220192020 Income: $2,121,7592020 Spending: $1,875,19120202021 Income: $2,565,5002021 Spending: $2,201,32220212022 Income: $1,880,5392022 Spending: $1,644,05320222023 Income: $2,069,1182023 Spending: $1,913,7822023
IncomeSpending

Where the income comes from

  • Contributions & grants 46%
  • Program services 41%
  • Other 13%

Similar-sized charities, same cause

CharityLocationIncome
Midwest Housing Collaborative IncWhitefish Bay$2.1m
Core Community PartnersBingham Farms$2.1m
Cumberland Gardens Housing Development Fund Company IncNew York$2.1m
Main Street Baptist Church Manor IncLexington$2.1m