Habitat for Humanity International Inc

Analysis

Habitat for Humanity International Inc is a registered charity in United States, based in Albany, NY. 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 $3.6m and spending of $3.6m, spending 100% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $2.6m to $3.6m (+40%), an average of +12% a year. The sharpest change came in the year to June 2023, when income rose by 46%. Over the whole period it spent 102% 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 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 87th percentile within NY. Charities of a similar size with the same main cause include P5 Strategies ($3.6m), Camp Sunshine Inc ($3.6m) and Bridge to Hope Woc Inc ($3.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 55% and program service revenue 29% of the total. Compensation of current officers, directors and key employees was $189k (5.2% of expenses). Other salaries and wages came to $687k. At year end it held assets of $4.6m against liabilities of $4.4m, net assets of $222k. It reported 16 employees.