Habitat for Humanity-Riverside Inc

Analysis

Habitat for Humanity-Riverside Inc is a registered charity in United States, based in Riverside, CA. It received its IRS tax-exemption ruling in June 1989, 37 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-Riverside Inc reported income of $3.2m and spending of $4.5m, spending 139% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income fell from $4.7m to $3.2m (-32%), an average of -12% a year. The sharpest change came in the year to June 2021, when income dropped by 42%. 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-Riverside Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 90th percentile within CA. Charities of a similar size with the same main cause include Sierra Village Inc ($3.2m), Community Action of Greene County Inc ($3.2m) and Motivated Youth Academy ($3.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 45% and program service revenue 16% of the total. Compensation of current officers, directors and key employees was $80k (1.8% of expenses). Other salaries and wages came to $617k. At year end it held assets of $9.0m against liabilities of $3.0m, net assets of $6.0m. It reported 21 employees.