Habitat for Humanity International Inc

Analysis

Habitat for Humanity International Inc is a registered charity in United States, based in Altoona, IA. 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 $2.5m and spending of $1.3m, leaving 46% of income unspent that year. Across the 4 years on record, from June 2019 to June 2023, income grew from $1.8m to $2.5m (+37%), an average of +11% a year. The sharpest change came in the year to June 2023, when income rose by 45%. Over the whole period it spent 75% 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 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 89th percentile within IA. Charities of a similar size with the same main cause include Ogden Housing Inc ($2.5m), Veterans Life Center ($2.5m) and Fuller Center Disaster Rebuilders Inc ($2.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 89% and program service revenue 11% of the total. Compensation of current officers, directors and key employees was $97k (7.2% of expenses). Other salaries and wages came to $466k. At year end it held assets of $4.2m against liabilities of $932k, net assets of $3.3m. It reported 35 employees.