Habitat for Humanity International Inc

Analysis

Habitat for Humanity International Inc is a registered charity in United States, based in Hastings, 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 $373k and spending of $250k, leaving 33% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income fell from $403k to $373k (-7.5%), an average of -2.6% a year. The sharpest change came in the year to June 2023, when income rose by 57%. Over the whole period it spent 96% 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 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 65th percentile within MI. Charities of a similar size with the same main cause include Iihs Inc ($373k), Miracle Village Inc ($373k) and Friends of the Light House Shelter Inc ($373k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 28% and program service revenue 68% of the total. Compensation of current officers, directors and key employees was $52k (21% of expenses). Other salaries and wages came to $82k. At year end it held assets of $1.2m against liabilities of $262k, net assets of $915k. It reported 7 employees.