Habitat for Humanity International Inc

Analysis

Habitat for Humanity International Inc is a registered charity in United States, based in Manistee, 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 December 2023, Habitat for Humanity International Inc reported income of $81k and spending of $42k, leaving 49% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $203k to $81k (-60%), an average of -60% a year. The sharpest change came in the year to December 2023, when income dropped by 60%. Over the whole period it spent 40% 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 18th percentile: it is larger than about 18% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 31st percentile within MI. Charities of a similar size with the same main cause include Seton Village Housing Corporation ($81k), Affordable Senior Housing of Westhampton Inc ($82k) and Vesta Riverdale Inc ($81k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 82% and program service revenue 6.0% of the total. At year end it held assets of $450k against liabilities of $189, net assets of $450k.