Habitat for Humanity International Inc

Analysis

Habitat for Humanity International Inc is a registered charity in United States, based in Erie, PA. 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 $956k and spending of $499k, leaving 48% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income grew from $241k to $956k (+296%), an average of +58% a year. The sharpest change came in the year to June 2023, when income rose by 134%. 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 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 77th percentile within PA. Charities of a similar size with the same main cause include Norwalk Senior Center Inc ($956k), The Broadway Dance Lab Inc ($956k) and Hot Shops Art Foundation ($955k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 103% and program service revenue 6.7% of the total. Compensation of current officers, directors and key employees was $75k (15% of expenses). Other salaries and wages came to $70k. At year end it held assets of $4.8m against liabilities of $1.1m, net assets of $3.7m. It reported 13 employees.