Morris Habitat for Humanity

Analysis

Morris Habitat for Humanity is a registered charity in United States, based in Randolph, NJ. 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).

In the financial year ending December 2023, Morris Habitat for Humanity reported income of $10.3m and spending of $13.4m, spending 130% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $5.6m to $10.3m (+84%), an average of +16% a year. The sharpest change came in the year to December 2020, when income rose by 28%. Over the whole period it spent 91% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Morris Habitat for Humanity sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 96th percentile within NJ. Charities of a similar size with the same main cause include DFD Russell Medical Center Inc ($10.3m), San Ramon Valley School Age Child Care Alliance Inc ($10.3m) and Alliance for Childrens Rights ($10.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 53% and program service revenue 46% of the total. Compensation of current officers, directors and key employees was $797k (5.9% of expenses). Other salaries and wages came to $2.2m. At year end it held assets of $11.6m against liabilities of $4.5m, net assets of $7.1m. It reported 130 employees.