Habitat for Humanity International Inc
Analysis
Habitat for Humanity International Inc is a registered charity in United States, based in Rapid City, SD. 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 $3.8m and spending of $3.1m, spending 83% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $1.9m to $3.8m (+103%), an average of +27% a year. The sharpest change came in the year to June 2021, when income rose by 76%. Over the whole period it spent 74% 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 89th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 90th percentile within SD. Charities of a similar size with the same main cause include Westwood Senior Housing Corp ($3.8m), Echo Housing Corporation ($3.8m) and Community Housing Solutions of Guilford Inc ($3.8m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 53% and program service revenue 41% of the total. Compensation of current officers, directors and key employees was $239k (7.6% of expenses). Other salaries and wages came to $647k. At year end it held assets of $7.6m against liabilities of $1.0m, net assets of $6.6m. It reported 41 employees.
Income and spending
Where the income comes from
- Contributions & grants 53%
- Program services 41%
- Other 5.6%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Westwood Senior Housing Corp | Westwood | $3.8m |
| Echo Housing Corporation | Evansville | $3.8m |
| Community Housing Solutions of Guilford Inc | Greensboro | $3.8m |
| Communities Resist | Brooklyn | $3.8m |