Habitat for Humanity International Inc

Analysis

Habitat for Humanity International Inc is a registered charity in United States, based in Toms River, 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 June 2023, Habitat for Humanity International Inc reported income of $2.7m and spending of $2.9m, spending 106% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.8m to $2.7m (+50%), an average of +11% a year. The sharpest change came in the year to June 2022, when income rose by 47%. Over the whole period it spent 87% 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 88th percentile: it is larger than about 88% 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 Tholos Foundation ($2.7m), Harlem Stage Inc ($2.7m) and Urantia Foundation ($2.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 81% and program service revenue 14% of the total. Compensation of current officers, directors and key employees was $28k (1.0% of expenses). Other salaries and wages came to $955k. At year end it held assets of $4.1m against liabilities of $1.7m, net assets of $2.4m. It reported 38 employees.