Habitat for Humanity International Inc

Analysis

Habitat for Humanity International Inc is a registered charity in United States, based in Holland, 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 $3.3m and spending of $2.4m, leaving 29% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.0m to $3.3m (+65%), an average of +13% a year. The sharpest change came in the year to June 2022, when income rose by 49%. Over the whole period it spent 78% 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 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 90th percentile within MI. Charities of a similar size with the same main cause include Casita Maria Inc ($3.3m), Health Council of South Florida Inc ($3.3m) and Hillel the Foundation for Jewish Campus Life ($3.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 82% and program service revenue 14% of the total. Compensation of current officers, directors and key employees was $96k (4.1% of expenses). Other salaries and wages came to $871k. At year end it held assets of $8.5m against liabilities of $974k, net assets of $7.5m. It reported 44 employees.