Habitat for Humanity Inc

Analysis

Habitat for Humanity Inc is a registered charity in United States, based in Findlay, OH. 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 December 2023, Habitat for Humanity Inc reported income of $4.2m and spending of $3.5m, spending 82% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.3m to $4.2m (+228%), an average of +35% a year. The sharpest change came in the year to December 2022, when income rose by 50%. Over the whole period it spent 80% 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 Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 91st percentile within OH. Charities of a similar size with the same main cause include Somerset Health Care Foundation Inc ($4.2m), Grand River Academy ($4.2m) and The American Austrian Foundation ($4.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 60% and program service revenue 39% of the total. Compensation of current officers, directors and key employees was $87k (2.5% of expenses). Other salaries and wages came to $636k. At year end it held assets of $5.5m against liabilities of $1.0m, net assets of $4.5m. It reported 26 employees.