Habitat for Humanity International Inc

Analysis

Habitat for Humanity International Inc is a registered charity in United States, based in Brainerd, MN. 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 $2.0m and spending of $1.6m, spending 80% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $1.5m to $2.0m (+35%), an average of +10% a year. The sharpest change came in the year to June 2022, when income rose by 30%. Over the whole period it spent 77% 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 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 85th percentile within MN. Charities of a similar size with the same main cause include Home Builders Care Inc ($2.0m), Rosies House a Music Academy for Children Inc ($2.0m) and Georgia Belle Apartments Inc ($2.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 43% and program service revenue 30% of the total. Compensation of current officers, directors and key employees was $75k (4.7% of expenses). Other salaries and wages came to $331k. At year end it held assets of $5.8m against liabilities of $1.3m, net assets of $4.5m. It reported 25 employees.