Habitat for Humanity NYC Fund Inc

Analysis

Habitat for Humanity NYC Fund Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in November 2017, 9 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 NYC Fund Inc reported income of $892k and spending of $689k, leaving 23% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $380k to $892k (+135%), an average of +24% a year. The sharpest change came in the year to June 2020, when income rose by 77%. Over the whole period it spent 67% 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 NYC Fund 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 78th percentile, and in the 74th percentile within NY. Charities of a similar size with the same main cause include Low Income Housing Development Corporation of Terre Haute ($889k), Habitat for Humanity International Inc ($892k) and Lhanc Real Estate Holdings Inc ($889k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 66% and program service revenue 33% of the total. Compensation of current officers, directors and key employees was $65k (9.4% of expenses). Other salaries and wages came to $247k. At year end it held assets of $5.6m against liabilities of $1.7m, net assets of $4.0m.