Habitat for Humanity International Inc

Analysis

Habitat for Humanity International Inc is a registered charity in United States, based in Cadillac, MI. It received its IRS tax-exemption ruling in February 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 $818k and spending of $682k, spending 83% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $453k to $818k (+81%), an average of +22% a year. The sharpest change came in the year to June 2021, when income rose by 52%. Over the whole period it spent 93% 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 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 77th percentile within MI. Charities of a similar size with the same main cause include Cecilton Vol Fire Co Inc ($818k), Sigma Sigma Sigma Foundation ($818k) and Wat Mongkolratanaram of FL Thai Buddhist Temple Interbay Area FL ($818k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 36% and program service revenue 61% of the total. Other salaries and wages came to $284k. At year end it held assets of $1.8m against liabilities of $410k, net assets of $1.4m. It reported 18 employees.