Habitat for Humanity International Inc

Analysis

Habitat for Humanity International Inc is a registered charity in United States, based in Lapeer, MI. 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), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Habitat for Humanity International Inc reported income of $1.0m and spending of $936k, spending 90% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $770k to $1.0m (+35%), an average of +7.8% a year. The sharpest change came in the year to June 2023, when income rose by 30%. Over the whole period it spent 97% 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 International Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 80th percentile within MI. Charities of a similar size with the same main cause include Park City Soccer Club Inc ($1.0m), Southwest New Mexico Council of Government ($1.0m) and Thrifting 4 Gifting ($1.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 15% and program service revenue 10% of the total. Compensation of current officers, directors and key employees was $46k (5.0% of expenses). Other salaries and wages came to $418k. At year end it held assets of $1.9m against liabilities of $477k, net assets of $1.4m. It reported 22 employees.