Habitat for Humanity International Inc

Analysis

Habitat for Humanity International Inc is a registered charity in United States, based in Petoskey, 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 $3.6m and spending of $2.8m, leaving 21% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.1m to $3.6m (+215%), an average of +33% a year. The sharpest change came in the year to June 2022, when income rose by 114%. Over the whole period it spent 72% 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 90th percentile: it is larger than about 90% 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 Public Communicators Inc ($3.6m), Seniors in Service of Tampa Bay Inc ($3.6m) and Boys & Girls Clubs of Wayne County Indiana Inc ($3.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 48% and program service revenue 50% of the total. Compensation of current officers, directors and key employees was $109k (3.8% of expenses). Other salaries and wages came to $735k. At year end it held assets of $7.1m against liabilities of $2.4m, net assets of $4.7m. It reported 21 employees.