Habitat for Humanity International Inc

Analysis

Habitat for Humanity International Inc is a registered charity in United States, based in Winona, 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 $1.4m and spending of $1.1m, spending 81% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.1m to $1.4m (+27%), an average of +6.2% a year. The sharpest change came in the year to June 2022, when income rose by 57%. Over the whole period it spent 74% 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 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 82nd percentile within MN. Charities of a similar size with the same main cause include Deepwood Industries Inc ($1.4m), Marin Foster Care Association ($1.4m) and Mosaic Counseling ($1.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 74% and program service revenue 25% of the total. Compensation of current officers, directors and key employees was $82k (7.3% of expenses). Other salaries and wages came to $323k. At year end it held assets of $3.7m against liabilities of $476k, net assets of $3.2m. It reported 11 employees.