Habitat for Humanity International Inc
Analysis
Habitat for Humanity International Inc is a registered charity in United States, based in Ann Arbor, MI. It received its IRS tax-exemption ruling in January 1987, 39 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 $7.0m and spending of $7.0m, spending 100% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $8.0m to $7.0m (-12%), an average of -3.3% a year. The sharpest change came in the year to June 2021, when income rose by 63%. Over the whole period it spent 101% 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 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 94th percentile within MI. Charities of a similar size with the same main cause include Homes for America Inc ($7.0m), Cedar Creek Retirement Home Inc ($7.0m) and Bhi Retirement Communities Inc ($7.0m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 65% and program service revenue 35% of the total. Compensation of current officers, directors and key employees was $492k (7.0% of expenses). Other salaries and wages came to $1.7m. At year end it held assets of $10.6m against liabilities of $4.7m, net assets of $6.0m. It reported 49 employees.
Income and spending
Where the income comes from
- Contributions & grants 65%
- Program services 35%
- Other 0.2%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Homes for America Inc | Annapolis | $7.0m |
| Cedar Creek Retirement Home Inc | Leo | $7.0m |
| Bhi Retirement Communities Inc | Indianopolis | $7.0m |
| Ebenezer Lakes Assisted Living | Edina | $7.0m |