Habitat for Humanity International Inc

Analysis

Habitat for Humanity International Inc is a registered charity in United States, based in Newark, NJ. It received its IRS tax-exemption ruling in January 1987, 39 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 June 2023, Habitat for Humanity International Inc reported income of $2.7m and spending of $3.0m, spending 114% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.4m to $2.7m (+91%), an average of +18% a year. The sharpest change came in the year to June 2022, when income rose by 121%. Over the whole period it spent 107% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Habitat for Humanity International Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 90th percentile within NJ. Charities of a similar size with the same main cause include Jcha Housing and Development Corporation ($2.7m), Stardust Non-Profit Building Supplies Inc ($2.7m) and Housing Development & Neighborhood Preservation Corporation-Ocd ($2.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 55% and program service revenue 46% of the total. Compensation of current officers, directors and key employees was $423k (14% of expenses). Other salaries and wages came to $638k. At year end it held assets of $4.5m against liabilities of $2.8m, net assets of $1.7m. It reported 23 employees.