Habitat for Missionariesincorporated

Analysis

Habitat for Missionariesincorporated is a registered charity in United States, based in McCordsville, IN. It received its IRS tax-exemption ruling in August 2007, 19 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 Missionariesincorporated reported income of $1.2m and spending of $495k, leaving 60% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $11k to $1.2m (+10775%), an average of +223% a year. The sharpest change came in the year to December 2020, when income rose by 1662%. Over the whole period it spent 64% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Habitat for Missionariesincorporated sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 82nd percentile within IN. Charities of a similar size with the same main cause include First Parish Housing of Fitchburg Inc ($1.2m), Midland Area Homes Inc ($1.2m) and Model Cities Properties ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 68% and program service revenue 29% of the total. Compensation of current officers, directors and key employees was $67k (14% of expenses). At year end it held assets of $1.6m against liabilities of $274k, net assets of $1.3m. It reported 2 employees.