Habitat for Humanity International Inc

Analysis

Habitat for Humanity International Inc is a registered charity in United States, based in Cromwell, CT. 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 $1.8m and spending of $1.6m, spending 89% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $990k to $1.8m (+83%), an average of +16% a year. The sharpest change came in the year to June 2022, when income rose by 49%. Over the whole period it spent 104% 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 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 84th percentile within CT. Charities of a similar size with the same main cause include North Coast Rape Crisis Team ($1.8m), Community Nursery School in Nutley ($1.8m) and Fargo Hockey Association ($1.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 55% and program service revenue 45% of the total. Compensation of current officers, directors and key employees was $158k (9.8% of expenses). Other salaries and wages came to $255k. At year end it held assets of $1.4m against liabilities of $663k, net assets of $700k. It reported 17 employees.