Habitat for Humanity International Inc

Analysis

Habitat for Humanity International Inc is a registered charity in United States, based in Alpena, 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 $1.4m and spending of $1.2m, spending 85% of its income. Across the 4 years on record, from June 2019 to June 2023, income grew from $450k to $1.4m (+217%), an average of +47% a year. The sharpest change came in the year to June 2020, when income rose by 125%. Over the whole period it spent 85% 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 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 83rd percentile within MI. Charities of a similar size with the same main cause include National Safety Council Nebraska Chapter ($1.4m), C a S T for Kids Foundation ($1.4m) and A Mothers Love Initiative ($1.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 6.7% and program service revenue 69% of the total. Other salaries and wages came to $270k. At year end it held assets of $2.1m against liabilities of $26k, net assets of $2.1m. It reported 28 employees.