Habitat for Humanity International Inc

Analysis

Habitat for Humanity International Inc is a registered charity in United States, based in Cedar Rapids, IA. 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 $1.2m and spending of $998k, spending 80% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $1.9m to $1.2m (-33%), an average of -9.6% a year. The sharpest change came in the year to June 2023, when income dropped by 29%. Over the whole period it spent 86% 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 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 83rd percentile within IA. Charities of a similar size with the same main cause include South Carolina Medical Association Foundation ($1.2m), Alliance of Information and Referral Systems Inc ($1.2m) and JFT Recovery and Veterans Support Services ($1.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 113% and program service revenue 23% of the total. Compensation of current officers, directors and key employees was $113k (11% of expenses). At year end it held assets of $6.4m against liabilities of $1.2m, net assets of $5.1m. It reported 26 employees.