Habitat for Humanity International Inc

Analysis

Habitat for Humanity International Inc is a registered charity in United States, based in Marquette, 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 $954k and spending of $1.2m, spending 127% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $933k to $954k (+2.3%), an average of +0.6% a year. The sharpest change came in the year to June 2021, when income rose by 42%. Over the whole period it spent 91% 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 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 79th percentile within MI. Charities of a similar size with the same main cause include Station Resource Group Inc ($954k), Valley Housing Coalition ($955k) and Dunbar Improvement Association Inc ($954k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 77% and program service revenue 54% of the total. Compensation of current officers, directors and key employees was $70k (5.8% of expenses). Other salaries and wages came to $202k. At year end it held assets of $2.7m against liabilities of $385k, net assets of $2.4m. It reported 21 employees.