Habitat for Humanity

Analysis

Habitat for Humanity is a registered charity in United States, based in Rhinelander, WI. 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 reported income of $566k and spending of $428k, leaving 24% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $310k to $566k (+83%), an average of +16% a year. The sharpest change came in the year to June 2022, when income rose by 109%. Over the whole period it spent 83% 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 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 72nd percentile, and in the 72nd percentile within WI. Charities of a similar size with the same main cause include Veterans for Peace Inc ($566k), Friends of Canby Adult Center Incorporated ($566k) and Catholic Charities Housing LA Tierra Verde Inc ($566k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 14% and program service revenue 82% of the total. Other salaries and wages came to $210k. At year end it held assets of $1.2m against liabilities of $301k, net assets of $907k. It reported 9 employees.