Habitat for Humanity International Inc

Analysis

Habitat for Humanity International Inc is a registered charity in United States, based in New London, 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 June 2023, Habitat for Humanity International Inc reported income of $2.3m and spending of $2.6m, spending 111% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $2.4m to $2.3m (-3.4%), an average of -0.9% a year. The sharpest change came in the year to June 2020, when income dropped by 25%. Over the whole period it spent 101% 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 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 85th percentile within CT. Charities of a similar size with the same main cause include Military Housing and Lodging Institute ($2.3m), Island City Development ($2.3m) and Warren Family Mission ($2.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 24% and program service revenue 71% of the total. Compensation of current officers, directors and key employees was $106k (4.1% of expenses). Other salaries and wages came to $586k. At year end it held assets of $5.6m against liabilities of $1.1m, net assets of $4.5m. It reported 29 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.