Habitat for Humanity International Inc

Analysis

Habitat for Humanity International Inc is a registered charity in United States, based in Northfield, MN. 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 International Inc reported income of $914k and spending of $1.2m, spending 134% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $840k to $914k (+8.8%), an average of +2.1% a year. The sharpest change came in the year to June 2023, when income dropped by 54%. Over the whole period it spent 100% 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 International Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 77th percentile within MN. Charities of a similar size with the same main cause include Alternative Horizons Corporation ($914k), The Arizona Agricultural Education/Ffa Foundation ($914k) and Community Housing Partners Corporation of Florida ($914k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 29% and program service revenue 67% of the total. Compensation of current officers, directors and key employees was $103k (8.4% of expenses). Other salaries and wages came to $179k. At year end it held assets of $2.9m against liabilities of $1.8m, net assets of $1.1m. It reported 8 employees.