Habitat for Humanity International Inc

Analysis

Habitat for Humanity International Inc is a registered charity in United States, based in Lansing, MI. It received its IRS tax-exemption ruling in January 1987, 39 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 $1.6m and spending of $1.7m, spending 112% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.1m to $1.6m (+39%), an average of +8.6% a year. The sharpest change came in the year to June 2022, when income rose by 49%. Over the whole period it spent 111% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Habitat for Humanity International Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 84th percentile within MI. Charities of a similar size with the same main cause include Older American Housing in Spotswood Inc ($1.6m), Malta House Inc ($1.6m) and Second Westfield Senior Citizens Housing Corporation ($1.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 69% and program service revenue 26% of the total. Compensation of current officers, directors and key employees was $75k (4.3% of expenses). Other salaries and wages came to $789k. At year end it held assets of $2.0m against liabilities of $585k, net assets of $1.4m. It reported 22 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.