Habitat for Humanity International Inc
Analysis
Habitat for Humanity International Inc is a registered charity in United States, based in West Branch, MI. It received its IRS tax-exemption ruling in October 2008, 18 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 $275k and spending of $310k, spending 113% of what it took in. Across the 6 years on record, from June 2017 to June 2023, income grew from $251k to $275k (+9.8%), an average of +1.9% a year. The sharpest change came in the year to June 2020, when income rose by 31%. Over the whole period it spent 138% 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 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 60th percentile within MI. Charities of a similar size with the same main cause include Micah Housing Inc ($275k), Lake Cumberland Housing Development Company ($275k) and Torrington Community Housing Corporation ($275k).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 15% of the total. Other salaries and wages came to $184k. At year end it held assets of $81k against liabilities of $89k, net assets of -$7,299. It reported 17 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.
Income and spending
Where the income comes from
- Contributions & grants 15%
- Other 85%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Micah Housing Inc | Fairfield | $275k |
| Lake Cumberland Housing Development Company | Jamestown | $275k |
| Torrington Community Housing Corporation | Torrington | $275k |
| Big Daisy Corp | Philadelphia | $275k |