Lancaster Area Habitat for Humanity Inc

Analysis

Lancaster Area Habitat for Humanity Inc is a registered charity in United States, based in Lancaster, PA. It received its IRS tax-exemption ruling in October 1986, 40 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, Lancaster Area Habitat for Humanity Inc reported income of $4.9m and spending of $4.0m, spending 80% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.7m to $4.9m (+82%), an average of +16% a year. The sharpest change came in the year to June 2022, when income rose by 61%. 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, Lancaster Area Habitat for Humanity 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 90th percentile within PA. Charities of a similar size with the same main cause include Liberty Christian Academy ($4.9m), Habitat for Humanity Buffalo Inc ($4.9m) and The Episcopal School of Dallas Permanent Endowment Trust ($4.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 58% and program service revenue 41% of the total. Compensation of current officers, directors and key employees was $123k (3.1% of expenses). Other salaries and wages came to $710k. At year end it held assets of $7.0m against liabilities of $1.7m, net assets of $5.3m. It reported 24 employees.