Habitat for Humanity International Inc

Analysis

Habitat for Humanity International Inc is a registered charity in United States, based in Port Huron, 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 $1.1m and spending of $1.2m, spending 102% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $823k to $1.1m (+38%), an average of +8.5% a year. The sharpest change came in the year to June 2021, when income rose by 22%. Over the whole period it spent 101% 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 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 81st percentile within MI. Charities of a similar size with the same main cause include Safe Shelter of St Vrain Valley ($1.1m), Sumter Senior Services Inc ($1.1m) and Eagles Healing Nest ($1.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 21% and program service revenue 7.8% of the total. Compensation of current officers, directors and key employees was $152k (13% of expenses). Other salaries and wages came to $430k. At year end it held assets of $2.3m against liabilities of $1.4m, net assets of $920k. It reported 18 employees.