Pikes Peak Habitat for Humanity Inc

Analysis

Pikes Peak Habitat for Humanity Inc is a registered charity in United States, based in Colorado SPGS, CO. 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, Pikes Peak Habitat for Humanity Inc reported income of $6.6m and spending of $6.2m, spending 95% of its income. Across the 4 years on record, from June 2020 to June 2023, income fell from $7.0m to $6.6m (-6.2%), an average of -2.1% a year. The sharpest change came in the year to June 2021, when income dropped by 29%. Over the whole period it spent 84% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Pikes Peak Habitat for Humanity Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 94th percentile within CO. Charities of a similar size with the same main cause include Charlton School ($6.6m), Alexandria Soccer Association Inc ($6.6m) and Croixdale ($6.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 25% and program service revenue 25% of the total. Compensation of current officers, directors and key employees was $120k (1.9% of expenses). Other salaries and wages came to $1.9m. At year end it held assets of $14.2m against liabilities of $3.8m, net assets of $10.4m. It reported 60 employees.