Saginaw-Shiawassee Habitat for Humanity

Analysis

Saginaw-Shiawassee Habitat for Humanity is a registered charity in United States, based in Saginaw, 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 2024, Saginaw-Shiawassee Habitat for Humanity reported income of $2.7m and spending of $2.7m, spending 99% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $1.1m to $2.7m (+156%), an average of +21% a year. The sharpest change came in the year to June 2024, when income rose by 53%. Over the whole period it spent 82% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Saginaw-Shiawassee Habitat for Humanity sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 89th percentile within MI. Charities of a similar size with the same main cause include Habitat for Humanity International Inc ($2.7m), Bartlett Woods Inc ($2.7m) and Habitat for Humanity International Inc ($2.7m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 52% and program service revenue 46% of the total. Compensation of current officers, directors and key employees was $58k (2.1% of expenses). Other salaries and wages came to $690k. At year end it held assets of $5.1m against liabilities of $683k, net assets of $4.5m. It reported 31 employees.