Habitat for Humanity of Elkhart County

Analysis

Habitat for Humanity of Elkhart County is a registered charity in United States, based in Goshen, IN. It received its IRS tax-exemption ruling in July 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 December 2023, Habitat for Humanity of Elkhart County reported income of $5.9m and spending of $4.5m, leaving 25% of income unspent that year. Across the 5 years on record, from June 2020 to December 2023, income grew from $2.0m to $5.9m (+197%), an average of +31% a year. The sharpest change came in the year to December 2022, when income rose by 432%. Over the whole period it spent 71% 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 of Elkhart County 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 93rd percentile within IN. Charities of a similar size with the same main cause include Crisis Intervention Services ($5.9m), Relief Nursery Inc ($5.9m) and San Juan Nursing Home Inc ($5.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 65% and program service revenue 31% of the total. Compensation of current officers, directors and key employees was $138k (3.1% of expenses). Other salaries and wages came to $827k. At year end it held assets of $10.1m against liabilities of $1.3m, net assets of $8.8m. It reported 25 employees.