Habitat for Humanity International Inc

Analysis

Habitat for Humanity International Inc is a registered charity in United States, based in Lansing, MI. It received its IRS tax-exemption ruling in January 1987, 39 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 $3.9m, spending 108% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income grew from $2.2m to $3.6m (+61%), an average of +17% a year. The sharpest change came in the year to June 2021, when income rose by 46%. Over the whole period it spent 97% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Habitat for Humanity International Inc sits at the 88th percentile: it is larger than about 88% 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 Crossroads Center ($3.6m), Heritage Presbyterian Housing Inc ($3.6m) and Massachusetts Affordable Housing Alliance Inc ($3.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 93% and program service revenue 6.8% of the total. Compensation of current officers, directors and key employees was $186k (4.8% of expenses). Other salaries and wages came to $787k. At year end it held assets of $1.7m against liabilities of $577k, net assets of $1.1m. It reported 19 employees.