Habitat for Humanity International Inc

Analysis

Habitat for Humanity International Inc is a registered charity in United States, based in Iron Mountain, 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 $539k and spending of $466k, spending 87% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $495k to $539k (+8.9%), an average of +2.1% a year. The sharpest change came in the year to June 2022, when income dropped by 30%. Over the whole period it spent 90% 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 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 71st percentile within MI. Charities of a similar size with the same main cause include Boston Dance Alliance Inc ($538k), Talladega Presbyterian Apartments Inc ($539k) and West Shore Bureau of Fire ($538k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 28% and program service revenue 34% of the total. Compensation of current officers, directors and key employees was $49k (11% of expenses). Other salaries and wages came to $112k. At year end it held assets of $1.6m against liabilities of $104k, net assets of $1.5m. It reported 15 employees.