Habitat for Humanity Buffalo Inc

Analysis

Habitat for Humanity Buffalo Inc is a registered charity in United States, based in Buffalo, NY. It received its IRS tax-exemption ruling in March 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 Buffalo Inc reported income of $4.9m and spending of $5.6m, spending 112% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $3.5m to $4.9m (+39%), an average of +8.7% a year. The sharpest change came in the year to June 2021, when income rose by 48%. Over the whole period it spent 85% 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 Buffalo 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 92nd percentile, and in the 89th percentile within NY. Charities of a similar size with the same main cause include Lancaster Area Habitat for Humanity Inc ($4.9m), Yolo Wayfarer Center Christian Mission ($4.9m) and Liberty Christian Academy ($4.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 24% and program service revenue 60% of the total. Compensation of current officers, directors and key employees was $71k (1.3% of expenses). Other salaries and wages came to $1.1m. At year end it held assets of $9.8m against liabilities of $574k, net assets of $9.2m. It reported 44 employees.