Habitat for Humanity International Inc

Analysis

Habitat for Humanity International Inc is a registered charity in United States, based in Virgina, 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 $1.7m and spending of $1.5m, spending 86% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.1m to $1.7m (+52%), an average of +11% a year. The sharpest change came in the year to June 2021, when income rose by 55%. Over the whole period it spent 94% 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 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 84th percentile within MN. Charities of a similar size with the same main cause include American Druze Society ($1.7m), The Historic Preservation Foundation of North Carolina Inc ($1.7m) and Montana Rural Water Systems Inc ($1.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 25% and program service revenue 73% of the total. Compensation of current officers, directors and key employees was $88k (5.9% of expenses). Other salaries and wages came to $142k. At year end it held assets of $3.7m against liabilities of $1.7m, net assets of $2.0m. It reported 5 employees.