Habitat for Humanity International Inc

Analysis

Habitat for Humanity International Inc is a registered charity in United States, based in Traverse City, 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 December 2023, Habitat for Humanity International Inc reported income of $2.7m and spending of $3.0m, spending 110% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.6m to $2.7m (+74%), an average of +15% a year. The sharpest change came in the year to December 2021, when income rose by 21%. Over the whole period it spent 98% 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 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 88th percentile within MI. Charities of a similar size with the same main cause include The Society of St Vincent de Paul of Philadelphia ($2.7m), Habitat for Humanity International Inc ($2.7m) and Urban Mission Ministries Inc ($2.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 27% and program service revenue 50% of the total. Compensation of current officers, directors and key employees was $131k (4.4% of expenses). Other salaries and wages came to $866k. At year end it held assets of $3.9m against liabilities of $2.6m, net assets of $1.3m. It reported 28 employees.