Habitat for Humanity of Benzie County Inc

Analysis

Habitat for Humanity of Benzie County Inc is a registered charity in United States, based in Frankfort, MI. It received its IRS tax-exemption ruling in December 2009, 17 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 2024, Habitat for Humanity of Benzie County Inc reported income of $359k and spending of $331k, spending 92% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $228k to $359k (+57%), an average of +9.5% a year. The sharpest change came in the year to June 2024, when income rose by 53%. Over the whole period it spent 85% 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 of Benzie County Inc sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 65th percentile within MI. Charities of a similar size with the same main cause include Nonprofit Mortgage ($359k), Glory House of Miami Inc ($359k) and Affordable Housing Solutions Inc ($359k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 15% and program service revenue 85% of the total. At year end it held assets of $732k against liabilities of $22k, net assets of $711k.