Habitat for Humanity International Inc

Analysis

Habitat for Humanity International Inc is a registered charity in United States, based in Bridgewater, 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), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Habitat for Humanity International Inc reported income of $1.8m and spending of $1.8m, spending 100% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.1m to $1.8m (+72%), an average of +15% a year. The sharpest change came in the year to June 2020, when income rose by 50%. Over the whole period it spent 96% 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 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 87th percentile within NJ. Charities of a similar size with the same main cause include Foundry Educational Foundation ($1.8m), Iowa Railroad Historical Society ($1.8m) and Kingdom Building Ministries Incorporated ($1.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 34% and program service revenue 63% of the total. Compensation of current officers, directors and key employees was $105k (5.8% of expenses). Other salaries and wages came to $888k. At year end it held assets of $4.0m against liabilities of $1.2m, net assets of $2.8m. It reported 34 employees.