Habitat for Humanity International Inc

Analysis

Habitat for Humanity International Inc is a registered charity in United States, based in Paterson, NJ. It received its IRS tax-exemption ruling in May 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 $5.6m and spending of $4.6m, spending 83% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $5.2m to $5.6m (+6.3%), an average of +1.5% a year. The sharpest change came in the year to June 2022, when income rose by 97%. Over the whole period it spent 88% 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 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 94th percentile within NJ. Charities of a similar size with the same main cause include Hill Community Development Corporation ($5.6m), Westland School Inc ($5.6m) and H L F Inc Chartered 101188 ($5.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 59% and program service revenue 36% of the total. Compensation of current officers, directors and key employees was $183k (4.0% of expenses). Other salaries and wages came to $1.3m. At year end it held assets of $29.2m against liabilities of $17.8m, net assets of $11.4m. It reported 31 employees.