Habitat for Humanity International Inc

Analysis

Habitat for Humanity International Inc is a registered charity in United States, based in Sault S Marie, 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 2024, Habitat for Humanity International Inc reported income of $207k and spending of $237k, spending 115% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income grew from $127k to $207k (+63%), an average of +10% a year. The sharpest change came in the year to June 2021, when income rose by 54%. Over the whole period it spent 107% 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 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 54th percentile within MI. Charities of a similar size with the same main cause include Asi-Austin Inc ($207k), Asi-Spokane Inc ($207k) and Justice Housing Yakima ($207k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 3.0% of the total. Compensation of current officers, directors and key employees was $65k (27% of expenses). Other salaries and wages came to $64k. At year end it held assets of $637k against liabilities of $9,668, net assets of $628k. It reported 8 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.