Habitat for Humanity International Inc

Analysis

Habitat for Humanity International Inc is a registered charity in United States, based in Battle Creek, 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 $836k and spending of $980k, spending 117% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $660k to $836k (+27%), an average of +6.1% a year. The sharpest change came in the year to June 2023, when income rose by 42%. Over the whole period it spent 115% 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 Assistance Center of Collin County Inc ($836k), Boy Scouts of America ($836k) and Reading and Education for Adult Development Inc ($836k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 73% and program service revenue 21% of the total. Compensation of current officers, directors and key employees was $82k (8.4% of expenses). Other salaries and wages came to $307k. At year end it held assets of $2.1m against liabilities of $348k, net assets of $1.8m. It reported 17 employees.